This person did not raise any money, they invested around $600,000 into the offering and because they were one of the larger investors were considered a Co-GP because it was a new sponsor and they needed this persons $.

Most of the time I do the BRRRR strategy and I have scaled to 9 doors now, one of which I'm planning to flip.

Micro-markets are like checkerboards across larger markets. 

They normally do a very poor job that will have to be corrected later - drips on the floor, doors walls and molding, poor job of cutting in, bleed through on the walls.

Without accounting for management fees (I have not yet decided if I will try to self manage), and with planning to raise rents to typical market of $825 for each of the smaller units, and $1200 for the larger unit, does this seem like a worthy first investment? 

ONLY knock on doors and ONLY within 10 days of the auction. that is when folks are getting a reality check that they must do something.

May allow you to get more rent vs the same house next door without a pool. 

Bank a few doors down from my residence didn't ever foreclose on a property.

Send a Lease Violation Notice immediately - by mail with proof of delivery required (cheap date through post office) and or affix the notice in a envelope with his name on it on the door of the unit. 

It took a bit to wrap my head around there being luxury homes intermingled with 5th wheels next door, etc., but their lots were like parks.