But sometimes you have to look at it from purely rational and business perspective.

If you are purely doing it for investment purposes, it might be wise to consider not living in the unit so you don't need to divide everything up.

As such, the only "deals" typically require extensive renovation, because anything that is purely surface level retail buyers will likely outbid you.  

Pure, true cashflow is difficult to find. 

The reason I don't purchase new construction is that there is no room for value add, and from a pure cashflow perspective, it's harder to make the numbers work.That's why I started looking more towards multifamily.

I think they should stick to purely tax software and quickbooks.  

It seems you have a great income already and a cash flowing property in Pennsylvania, so are you comfortable with something that breaks even and is an appreciation play or are you looking at purely cash flow?

So someone who is looking purely to maximize potential return (and has unlimited time) is unlikely to find this a good fit.Turnkey operators are kind of in-between.

And it will get much worse (office values have collapsed) both from pure economics and idiotic social policies.

For my clients real estate businesses they pay between $4,000 and $650k purely for tax prep and tax consulting, does that help?