Take a lot of money to do that well, which is perfectly fine if you have that allotted up front. 

Don't think you can just "call a couple PMs where you're thinking of investing" & they'll magically manage your investments perfectly.

You're definitely not going to have a 25-year streak of a perfect incoming pipeline of the right houses at the right price.

Its more like going to different restaurants and trying to order that perfect meal.

I know the information I received wasn't perfect, but the point is that I COULDN'T comprehend real estate lingo beforehand.  

Although the property I mentioned above is in a perfect location the numbers didn't work as the building has been neglected for so long now requires a complete overhaul.

It appraised for 1.2 Million 2 years ago, the location is perfect for a hotel, ANY IDEAS WOULD BE WELCOMED????????

So I would prefer to go in an do a wall to wall rehab including kitchen and go for the  $1395 renter who wants perfect.  

It looks adorable and fits the neighborhood perfectly, but next time my husband wins and we'll do the 2 car garage. 

I was listening to one of the BP podcasts the other day, it was with Tom Krol, I believe but I might be wrong, and I loved his advice that if someone told you that they had taken one of your family members hostage and you had to get a deal under contract within 72 hours, you probably wouldn't spend your time worrying about getting your website perfect or how your business cards looked.