I feel that I've done most of the ground work, minus actually buying a property. 

The main metrics I would look at for appreciation...AffordabilityJob/population growthAvailable inventoryWhat new inventory is coming online Sales velocityAs far as the return goes, it will take a bit of groundwork to figure that out.

@Vivian Tran I am not sure about how your PM will handle this, but I would start laying the ground work as early as possible.

I’m a part time handyman, and also laying groundwork now for a PM company I intend to operate in my area, focused on helping other small multi family residential investors get the most out of their investments.

I only mention this to lay the groundwork for our decision. 

The results of this will answer numerous future questions and lays the ground work for your engineering designs and the county requirements.

I would recommend start now by laying the groundwork and starting to build your team:1) Get a formal pre-qualification for a specific amount of funding. 

Ongoing, but significant outside groundwork and water management issues will be followed by updated kitchens and baths in both units.

Unfortunately Shop class has been a thing of the past in high schools around this country for many years now.A great example is here in Florida a local power company hires entry level ground workers (these people have no skills) at $19+ an hour.

By ongoing, I mean planned with a lost of the initial groundwork being done.