Depending on what you want to do and what role you want to play, would depend on how you should go about it. =)

Leaves an immediate bad impression.Entry Door: This seems silly but make sure your front door opens and closes easily without the need to play around with the door. 

But that’s the game we play. 

GP is more important in many instances than the property and that is playing out big time right now.

You will learn the cost of maintenance/cap ex and how tenant quality plays a big role.  

if all properties you see are below market rents, than I don't think they are really below market, typically.Beyond the cost of vacancy, renovation budgets, etc that come into play.  

Basically its a big credit card that I can now use for any business related purpose, in my case Ill use it to do more deals.So here is where the 8 unit comes into play.

That is our Bible or road plans for repositioning value plays in good hard working blue Collar areas of Ohio.  

When you have won the game, it's time to stop playing."

It's hard to harvest equity on these plays, unless you commit, long-term, towards very light leverage, as the only practical ways to benefit from the equity in your portfolio, if you plan to never sell it, only exchange it, for a lifetime, are to spend the cash flow, or cash out refi.