@Bob To minimize you downpayment, you'll need to get a Fannie/Feddie style residential loan.

I guess my real questions is whether or not it is fair to replace the broken doors with the same style and quality, even though the originals are very old?

If no, than I would say wait to see how the market acts in that area and if you want to start buying rentals somewhere else, then you could keep or sell that one, once you do you can buy another in the great area you found.Do you see yourself hanging those property management style task?

Being new to this style of investing though we are taking it slow and working on learning the ropes.  

Styles and expectations vary quite a bit by location.

Think about if FB wanted to how quickly could they challenge uber or airbnb or just any about company that relies on them but it must be chump change for them now.I am not a fan of UCLA forecasters, just sharing their take as this is what they do 365.  

Maybe a more turn-key style would work.  

The book style maps are much easier to handle when you are in your car.

Especially for those who are trying to move from single family Residencial to  Apartment complex style strategies?

Both properties have been very profitable due to the fact that i completely redesigned them in the modern style that i am accustomed to designing and people love them.