Immediate enhanced value with third party costs out of the way and permitted to build with renderings.

Joining Bigger Pockets will hopefully enhance my education in real estate and be a motivational outlet to stop making excuses. 

M.S. in Cybersecurity (Own a small Security consulting business)4. (3) Classes away from MBA should be done next year this time-frame. 5.

This is the exact way I have operated all of my rentals since the early 1990s with great success.The only remaining considerations are what deferred maintenance and repairs exist and need attention and what enhancements are you planning.

Yes, you can accelerate your portfolio and enhance it by adding a multi-family, you can take it to the next level by even consider living in one half and renting the other "house-hacking," if you are an owner occupant you can even use a 203k loan and acquire the home using 3.5% down and finance the entire renovation, as long as you stay within market value, this lets you enter the marketplace with very little down and use the banks money to renovate it.

Our focus is on value-add (renovation, amenity enhancement) in transit-oriented locations in selected geographic areas with potential for rental growth through area amenities & job opportunities just to name a few attributes.

Welcome to BP Community @Sharnell James ; a great place to enhance your REI knowledge. 

I side with the prespective that a lot of others have already provided within this forum; however, I did not hear the obvious/ traditional beginners method/approach mentioned.That method/approach being: 1.) obtaining a good deal which equates to me at a minimum of 10-15% (the more the better) below market value based upon CMA (this approach protects you in the case of a slight market downturn)2.) utilizing the business line of credit of $50k to make the 25% down payment (this down payment helps enhance the profit spread you will be able to collect each month in rent from your tenants minus your mortgage and loan repayment)3.)

If you were a few thousand feet away and near a train station so renters could actually use it easily, I think it would somewhat enhance values.

Use escrow instructions.2. find a tenant buyer, screen for Ability to Repay Rules (see CFPB site)3. enroll tenant buyer into Credit Enhancement (not just repair old marks, get new ones too).