very good questionI've been tackling a the question of how fast and how much. to the point where i crossed out 2 units MF as not being enough unless each units has 3 bedrooms,  and looking at small apartment building. granted my searches are based on affordability so I'm home learning do the analysis will bring me back to where i need to be as far as what my plan dictates.

When I lay awake at night trying to release my stress from a banker/computer screen day job, I think about how I will tackle a renovation or repair and it puts me at ease.  

My visit to Michael's site, was worth it to me to better understand where he operates, not a waste of my time, I won't follow his technique, but it informed me as to the need to give more information on the technical side, I have no idea how Michael tackles that.I'm more concerned about predatory issues, good faith dealing, if the bacon is cooked properly, not how much sizzle it makes frying. :)       

However, you should still pass on are the ones where the job is more complex/difficult than you're willing to tackle.

I'm thinking about buying a few more houses to build up my cashflow before I tackle that project.

But I don't mind and would be interested in tackling some legal issues.

I would first try tackling your picture and putting it right side up as a trial of what you can currently handle, just kidding man.

Everyone in VC is looking for a deal...whether they're investors or home owners who want to tackle a "fixer" for their parents or adult kids. 

What niche of the market do you want to tackle first, last or not at all?

Summers off is prime time to make-ready apartments and tackle DIY jobs or simply manage a contractor.