Plumbers should be close to $100 an hour and this sounds like four man-hours, maximum.

it sounds like you had some good initial capital in order to pay 25% of 92 units.

Sounds like this is going to be a great cash flowing asset.

Here are a few simple and free ways to learn: Go to real estate meetup groups, attend open houses and speak with the agent there, inspect FSBOs (for sale by owner), walk your area, and speak to people tending their yards.The idea is to engage with other people and ask, Ask, ASK questions about their experience with the local market.Some other ideas: find a home inspector who will let you tag along in a property inspection, and absorb what they are looking at and why.Your mindset and enthusiasm for learning about real estate will open many doors for you.Good Luck!

Knowing the Fort Collins market and it's price points a little bit, it doesn't sound like you're capitalized quite enough to get started flipping, especially when factoring in risk (properties in the $300-400k range will be high risk, not good locations).

Sounds like you already bring some great experience to the table.

I also liked the fact that it was structurally sound with concrete block construction, a tile roof, and high elevation.

It doesn't sound like a lot, but I do NOTHING except cash the check.

It sounded pretty good, but of course I wanted to check for reviews.  

I'd want to know more information to make a good recommendation, but it sounds like you would have a strong argument if everything else is the same except for location.MP tasksTenant Management:Showing properties, screening applicants, and preparing leasesWelcoming tenants and addressing inquiriesCollecting rent and managing evictionsProperty Maintenance:Cleaning, repairs, and inspectionsAdministrative & Marketing:Supervising staff, purchasing supplies, and promoting rentals (ads and website)