Paint Interior exterior complete $3,800.00Cabinet re finishing $900.00Countertop Slabs allowance Baths and kitchen allowance $3500.00Appliances $2400.00Flooring Blend of laminate carpet and tile $6250.00Complete New Kitchen sink $800.00Deep cleaning $600.00HVAC service and assesment $300.00Light fixtures $400.00Plugs switches trims $170.00Door, Stops, Locks and Handles $300.00Minor Repairs Drywall, Cabinets, Closets, Windows Etc… $1800.00Minor plumbing repairs $700.00 COULD BE 3XTub and shower RE glazing $900.00Landscape Needs $2400.00 Minor COULD BE 3X$25,220.00From here its a safe bet to allow 12% for unforeseens and 17 total days of time to complete given you have a professional experienced crew well versed in investment rehabs.So the property that is "TURNKEY" Needs none of this?

Later on, as you have acquired more, I would lean back a bit and enjoy the fruits of your labor.

Now you have a blended principal payemnt, where part is tax free, and part is taxed as income...

I know these are low-hanging fruit areas in the sense that they are cheap to buy but they are cash flowing like $100/mth. 

You can often find a nice blend of appreciation and cashflow in this strategy and there are some property managers that can make the management nearly as passive as LTRentals, if you find the right one. 

We are also a student of Renatus and have been like I mentioned and we are excited to see all the results and the fruit of our labor thanks to information we have learned. 

I look at going in because I want to know worst case what the existing income is on a property if it takes longer to stabilize than anticipated.Some want 5 cap on current and others 7 to 8 cap on current and blend the cap rate up once stabilized.You have to define what YOUR TIME is worth and what return you want to work on a property.

@Brian OrrSanitation sounds like the low hanging fruit.

The Columbus market is also a strong hybrid market with a blend of cash-flow and appreciation.

We have a blended family of 8!