For color, I would go either with a white color or more black for contrast.

I don't focus on residential or TK but when looking at those properties and areas look at various companies  and compare and contrast risk versus benefit.In those bad areas to find a good property manager you might have to pay 10 to 12% or more management fee as the tenant is more intensive and more difficult to protect the income stream.

The Quick Recipe We Used in Our Kitchen-Light Quartz Countertops-Porcelain Mosaic Backsplash (in a complementary color)-With Dark Wood Shaker Style Cabinets (for contrast)-A Fabulous Shiny Faucet (for pop)-Color Pendants (for more Pop)-Stainless Steel Appliances-Vinyl Floors (yes, vinyl!)

At 2% Net Cap Rate - to make 100K a year - the property has to be ~5MM.And I'll need 25% of that as down payment - 1.25MMThat's not easy for me - nor very fruitful.So, I wonder whats the point of this.In contrast - if you look at flipping houses from a foreclosure - its not uncommon to see routine gains like 50K on a 500K asset.

Love to see the contrast

In contrast to my weaknesses.

Obviously we have 2 different approaches and it could be useful to show Patrick contrasting  strategies. 

Hi @Jayraj Jog,For your "case for self managing" question, I have a few anonymous-ized appraised Operating Income Statements that you can line up with Loan Estimates to play with if you want actual numbers from actual deals, so you can compare/contrast with what you're evaluating.

I like a pale beige, personally, just dark enough to get a good contrast with the woodwork.

There is no specific guidance as to timing, and one does not need to fix up a house for it to be considered a flip.By contrast, property that is held to produce passive income such as rents is considered a passive investment asset.