I agree that peace of mind is more important than pure cash on cash return

Also, good point about it potentially being more than the estimated 3 days once they get in there, I hope not.With all that being said, I am trying to be as unbiased and remove our “history” so to speak with these tenants regarding our decision for reimbursement, and making it purely about what is legally required and appropriate given the repair.

This is purely for research purposes to be able to create something truly impactful (I am not promoting or selling anything).

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

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

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.

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.

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?

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