While I dream all day of vacation property, you hit the nail on the head - buy a boat, and explore all the islands.

I've been investing since 2008 in anything from the wholesale, fix/flip, SFR rentals, MF Rentals, and I even have a small PM company.You hit the nail on the head when it comes to cash flow. 

You'll first want to nail down the property type and strategy you want to implement then start making offers where it makes sense!

@Stacy Voss @Kevin Romines Nailed it!

Best wishes I think you nailed it.

Should I just patch the nail holes and patch paint them? 

Well @Sam McCormack, @Russell Brazil hit nail square on the head for impact in my team. 

If you nail the marketing and management, you could see some impressive cash flow.

To nail down where there are opportunities in B/C class neighborhoods would be difficult - I'd recommend getting a realtor that works directly with investors and knows where to find what you're looking for.I'm biased with PHX / AZ, but historically it's proven itself. 

Nail holes need to be filled where tack strips where, but ripping the staples from the hardwood resulted in several rough spots that need to be sanded down.We have no experience with hardwood refinishing- what are our options to avoiding a full scale hardwood refinish?