So, a million bucks.This is Real Estate forum so I'm guessing you are looking for RE options.If this million was for pure investment then I'd:Look in the smaller markets from Western PA through Ohio, Indiana, Iowa, etc. 

If it's just a pure flip than going a little extra on rehab may be more warranted for resale, but that depends on your market and what spread you are working with.- Remember to not make enemies with the neighborhood.

I would imagine the plumber made at least 10k pure profit (Kids u dont have to go to college to make big $!!)

@Diane Bonheuris this something you'd live in, or a pure investment property? 

Im having trouble thinking about it from a pure business point. 

If that $3,000 was all built by using a portion of the monthly rent to pay the loan payment, not costing me anything out of pocket each month (as the only cash out of pocket was at the time of purchase), that seems to be additional value beyond just cash on cash return, a positive monthly cash flow, and also any long term appreciation gains.In that same example (purely directional made up numbers), if rent collected is $1,000 per month, total loan payment is $700, other expenses are $100, then my cash flow is $200 per month. 

It will be underwritten purely on the rent scheduling covering the mortgage payment .

And for brand value I'd argue there is no "nike" of PMc, so many can fluff the feathers and cluck how great there brand value is but I say show me the client stream coming purely from brand, I call BS to that "cluck", and say it's open air and opportunity for any to create brand value in a market and take market share where there is any lacking options in PMc quality or availability. 

Usually, you'll end up with some hybrid between pure self-insurance and purchased coverage. 

Ultimately, it seems like it is purely up to me whether I would like to build a relationship with anyone in the group and whether I will get anything worthwhile out of the group based on what I put into the connections present in the group.