.$5-6k, cosmetic stuff like removing all the damaged carpet and replacing with laminate and fixing sheet rock/painting and other pretty-ness.

Hey @Brandon Ness - can you define what you mean by "Best" location? 

i will attached the water bill and some photos of crayons, wall paper damage and general dirty-ness to the hard-copies I mail the tenants.

Forgive my "Newbie-ness".

I've looked at some properties in Baltimore city which look intriguing because I could afford them with cash but given the areas they were in and their condition I couldn't identify an exit strategy for the property that was likely to make me a profit (probably due to my newbie-ness). 

@Todd Baldwin your creative-ness and ability to see money in places where most would look the other way is astonishing!  

Stevens and Ness is a known source for non realtor forms locally. 

We've talked about upgrading or lateral moving to something we can both decide on together and I think we would have done that a while ago if it wasn't for the underwater-ness and figuring out how to deal with that.

@William G.I've been trying to analyze... but lo and behold RE costs in NJ are ridiculous, and in my beginner-ness I don't recognize what the good deals are.

The interrelated-ness makes total sense but I guess I’m wondering why it hasn’t kicked in at all yet.