As mention about the 70% rule, doesn't seem to be working. 30-50k in an offer can can lead to being laughed off the porch.

Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

During the tour, we will guide you through several key areas where we actively invest and showcase a selection of available properties—many of which are off-market opportunities.Courtney, who leads my investment team, can assist you further.

Instead of 40 houses cash flowing $200 each or $8000/month, you buy 10 houses and pay them off for a cash flow of $10,000/month with 1/4th the headache.People don't understand the amount of time, energy, and stress involved with managing a lot of doors, especially if they are lower-class properties typically needed to generate cash flow.

The interior will need to be repaired and repainted.I've done several 1900 - 1920's and while they usually have good bones, the electrical can be underpowered for today's needs, and the water lines can be corroded galvanized or even lead.

Knowing what you are capable of and/or having proper resources can lead to great deals in any market.   

You can learn to do this independently or get a rockstar REALTOR to lead the way.

Those 2 will generate plenty of bookings if you have a great place and priced right.

Quote from @Dan Shallcross: Your PM should know the answer and be leading the way aggressively.

You can learn to do this independently or get a rockstar REALTOR to lead the way.