$500 - $1000 to turnover an 800sf unit is way too rich for my blood.

By blood?

I don't own any investment properties yet, but I do run a business with 50+ employees so I know a bit of the "cold-blooded" nature that is needed to execute tough decisions.Ultimately, if "my side of the street is clean" then I don't have any major qualms about doing what has to be done. 

The margins are thinner and you need everything to run smoothly in order to be successful. 

And February's a short month, too.If you send a $25 gift certificate to Walmart or Costco, you're just a cheap bastard.If you pass along a few cookies your wife managed to bake, all they're thinking about is that their sweat, blood, and tears went to fund her free time potting around in the kitchen, having the perfect Christmas while they were sweating through doubles at the plant.Maybe you think that if you cut them a $50 or $100 break on the rent, that would be nice.

For those who want something thinner, as a lawyer I drafted a simpler earnest money contract. 

DO NOT mention "title company" he will smell blood in the water and he'll get amnesia about saying $400 Once you got that done.. the above.. 

In the end if you are willing to put the blood sweat and tears in you will do awesome. 

The stronger your Business Plan, the stronger will be your ability to convince your wife.Really, if you are telling your wife that it's in your blood from your Parents.... if I was risk adverse, I would throw that out the window quickly!

I learned how to: Install hardwood flooring, tile, crown moulding, window and door trim, baseboard, plastering, electrical, plumbing, hvac, you name it.If you go that route, my only advice is to make youtube your best friend, and get ready for a lot of blood sweat and tears.