You could test the waters with one or two rehabs, see how they perform, and then decide if a full transition makes sense.Leverage Your Skills:With your contracting experience, you can save significantly on rehab costs and add value quickly, which might give you a better return on investment compared to the time and effort spent growing the IT business further.Final Thoughts:Ultimately, it might come down to where your passion lies.

unfortunately, they're not great at generating immediate, W2-replacing cash flow, even if you paid all cash, which is also something i would not recommend.if you want to dip your toe in the water and buy one - great. 

I used to live in a condo and had some wall damage - water was clearly getting in.

(i could potentially go to the bank and get DSCR or a standard 30 year mortgage on it and have a cash flowing rental for $100-$250 a month?) 

-Unless the garage already has electric and water connections, that's an important and expensive item in the SOW.

I wanted to ask for your help in getting our group out there. https://www.meetup.com/north-country-real-estate-investing-c...https://www.meetup.com/north-country-real-estate-investing-c...https://www.biggerpockets.com/forums/86/topics/1204648-water...

looking at the website 1 to 50 mil deals and for a REAL lender not a fake lender.10k due diligence on a large deal is pretty standard stuff.. but what i would caution you on is thismake sure before you go down this road that you are realistic about your ability to get multi million dollar loans.the main thing is there is going to need to be real equity in the form of cash .. 

Here in FL I would say 20% is standard. 

Tenants pay for gas and electric, owner pays for water.

For example where does water drain on the property.