the value added versus cost to add, especially in single family zoned areas, typically results in a large negative initial position.  

no one is going to QB or PM it like you will - there is no such position as "BRRRR manager." 

I would love to understand, as a first time REI - how to best identify a property that will have cash flow and positive cash on cash return (or even what kind of property)?  

I actually feel like I learned a lot in college that would have taken me 15 years to have the opportunity to learn “on the job” IF I was even able to obtain the position to enable me to learn.  

It’s been bumpy with positive income. lots of expenses,  220 w batteryinstalled, utilities , gardener,  Water heater etc and cohost is eating up positive.

If the sellers aren’t willing to update records or make necessary improvements, it’s essential to weigh the potential risks and long-term impact.

NOI Underwriting Methodology: NRI and EGI, real estate taxes, operating expense underwriting rules of thumb, replacement reserves, appraiser’s impact on lender underwriting, expense comps, etc.10. 

In your proposed case you would be compounding this negative position by taking away the best source of financing for a large percentage of potential buyers.  

It is really going to depend on your cash position and long term goals.

I'm experimenting with several small touches to see what impact they have.