You can take the 240 volt feed going to your stove and convert it to two 120 volt outlets using a common neutral, which in older homes can very helpful in small breaker boxes.

Some of the things that I am comfortable with are your:normal administrative dutiesproperty clean up for showings call follow-up, showing properties taking pictures of properties (although, I'm no photographer).BP was the first SM outlet that I found, and stepped away for a while due to the ever so popular "Analysis Paralysis".

Any hangups or unexpected issues?

If you run into an extended vacancy or only a few unexpected expenses this could turn out to be break even at best--at worst it is an alligator.

Painting, light fixtures, outlets and switches.

I hoping to rank high after doing all the organic advertisement through, blogs, fb ads, and other media outlets.

.$300 cash flow doesn't leave you much room for covering unexpected expenses, for which there will definitely be some.

In a fix and flip that probably wouldn't be a problem, but in a buy and hold situation that might create some big unexpected expenses.

I have always been entrepreneurial and this is a great outlet.

Elizaveta, I will take a crack at it since no one has responded yet. 1) My first deal was a fairly in depth rehab which included foundation repairs, window replacements, garage roof replacement, electric work, plumbing work, floor refinishing, and a lot of the things we do to almost all our rehabs (new light fixtures, new outlet covers, new appliances, new doors, etc).