@Sean DolanTo recap, you have, in example, $50k in capital and a 15 year investment horizon.  

What do you think the return potential would be over a 5 to 10 year horizon?

If your exit isn't until your death or until your basis steps up when you will the property to our heirs that analysis is much more complicated than a short time horizon.

Others experienced folks - Please do let me know which are good turnkey real estate companies who would not just jack up the price of the proerty by 50% after rehab and some potential markets where appreciation would occur.My goals are clear - a) I am interested in passive income - where I get the cash flow (reduced flow due to property mnght, mortgage etc)b) Owning a real estate which would appreciate in future with time horizon of 7 years or so.thanks....

My Monday-Friday schedule is pretty open as I can schedule my crews and send out contracts when simply feel like it.I joined a gym one year ago for the first time since the 80s and have learned about setting personal goals, discipline and how getting the results I'm seeing truly motivates me to go even further.I now am at that stage in my life where old age is on the horizon and I need to make and bank a decent amount of money.

I think it depends on your time horizon Jack.

Right now my plan is to hold till at least 2021 and see what will be on the horizon in terms of Jobs being created and overall city growth at that time.

If you're still Positive CF with the adjustments but the valuation won't be enough to refinance, you may want to consider extending your time horizon by 5-10 years (assuming you believe the rent demand will still be around in a decade for that neighborhood).

@Dan Heuschele I suppose totally dependant on your time horizon, and cost of stuff.

I won't live there, but I can find people for whom that's a normal part of life who will rent from me.There are some things on the horizon and some amenities that I feel will usher change for my rental property.