If the apartment was left in decent shape their base fee is $150-200, and that I would cover.

I can talk to you about what it takes to get in shape, but you have to actually get off the couch every day, get to the gym, work out in discomfort, and do it over and over again.

Start from scratch and shape the portfolio that you want - not the one you inherit.

It's in good shape, but I'm wondering if we'd see the ROI in the refinance from a higher appraisal if we decided to rip it out and add sheetrock and recessed lighting.

NNN 20 years + investor and broker.Usable dirt it sits on size ( 1/2 acre ok, 3/4 acre good, 1acre plus best ) and parcel shape (most of it road frontage for land or is it narrow and deep?

The house is in really good shape and the area looks fairly clean, but a couple people I've talked to have a lot of concerns of that area which is giving me second thoughts... any other locals able to shed some light?

Set up an LLC on the front end and make sure your lender knows your intentions to purchase the property using the LLC, and you'll be in good shape. 

It’s in good shape and I could get it to cash flow by about 50 bucks per month - taking into consideration only mortgage, insurance, and property tax.

And don't buy something that is in bad shape.

HI Calvin, If your credit is in good shape you might want to consider a Conventional loan.