that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

But even with white appliances, new laminant counters, new vinyl tub surround, you are still likely at 10-12k/door.  

I would say 25k gets you in the door to many syndications.

However, the tenant opened the door, and I asked the inspector if he wanted to check inside.

For example, at two events in the past week I met: a Dr. couple looking to get into investing, someone with four houses, someone with two duplexes, someone with a title company and 64 doors, someone with a couple apartment buildings and a winery, someone else with a title company and a parking lot striping company.

Everything is all private with seperate entrances but the meters are split (70/20/10%) between the 3 units.  

"Removing a door and leaving it open"  are you pulling the door casing, replacing it with drywall, trim board?

I own 12-doors in Detroit and work with a ton of out-of-state (OOS) investors.The biggest key to being successful as an OOS investor is having a strong team to work with.

Most deals will tout "buying this deal at only $XX,000 per door".  

My c class units, built in the turn of the century, make $500 per door.