This year's goal is to just focus on flipping mild fixer uppers as it's a little more fun and active.

Did some cosmetic fixes, very mild.

@Jason BakerI am not sure on the condo conversions, but I would be interested to hear some feedback from people who have done it.In my experience the city inspection is very mild and a basic necessities sort of thing. 

If you can find a mildly distressed property (maybe a short sale or an estate sale) then you could at least force appreciation.

This allows for the people we take in with section 8 vouchers to be very good and mild-mannered people.

I am mildly successful, bringing in about $300 a month with a monthly expense of $100.

But remember a determined thief will get in. your only stopping a mildly determined indvidual. a fake camera or a sign that says there is a camera could be a great deterannt  

Consider the alternative - if you walk in and say 'I'd like to use this zoned commercial building for a store and do some mild alterations' and they say 'I perceive no possible issues with that whatsoever' - couldn't you come back around and blame them later?

Definitely recommend a buy/hold or a mild value add like new counter tops, etc. 

You can of course do mild rehab yourself paying out of pocket.