Buy good quality things once rather than poor quality and pay multiple times to replace it.

They were already replacing the roof and the HVAC, so they worked with a contractor that replaced those items and added solar at the same time.

He was replaced by David Greene, who I felt was a better teacher.

Or, acquiring in satellite markets at sub replacement cost values.

I have been in the construction industry, mostly residential renovating, so I know how to spot damages, repairs, and/or things that need to be replaced.

Having to replace furniture can be a hassle and the less I have to replace the better.

I usually recommend clients a pretty easy cosmetic rehab which is refinish floors, replace cabinets with modern white ones, add a white stone, new appliances, new bathroom vanity/mirror/light fixture and add in unit laundry. 

I always check 1sale.com when I need something like a replacement TV. 

Let's say you make 100k/year gross - you'd need 16-17 properties that pure cashflow (profit) $500/month.

If you're trying to replace your work income I would recommend starting in a strong cash flow market like Cleveland, but if you're ok working for a while then you can buy and watch your property appreciate in Columbus.