@Cody Smith, appetite for risk is a function of your experience and your life situation.

I didn’t want to split those key functions up between two companies.

Technically, conventional loan property condition requirements include:Water and electric must be on and functioning normally at the time of the inspection.Roof - 3 years of service life remaining.

If you have 20 different LLCs that all do the same thing (own one property, same area, same management, etc) then there's a good line of logic that would lead an attorney to be able to point out that they are functionally the same, and the veil of separation between the LLCs is not valid.Run all of this by someone with more letters after their name, though.  

Look for "We Buy Houses" ads on Craigslist or on bandit signs.4. meetup.com and the Events function here on BPOnce you get connected with just a few other investors, it'll (hopefully) snowball. 

I don't qualify for it being a triplex given the lot size but the property currently functions as a triplex; the third unit (basement Unit) is not permitted and doesn't have an address. 

If they improve the sites functions then I’m ok with the fee.  

In my opinion - I think it is best to keep the two functions separate.Regarding the strategy you want to go with.How much net income do those 5 properties bring you on a monthly basis?

Figured the money was worth the security of a functioning unit for the next 10 years.

Yield is a function of risk...so with DC being one of the lowest risk markets in the country, its going to have very low yields, ie low cash on cash.There is a method becoming more popular to achieve higher yields in DC and that is renting by the room.