You have a "sizable" capital fund with which to use to leverage your future in commercial investing (and I would assume give you some time) to properly survey the lay of the land and find out which interests you & why and which plays to your strengths & weaknesses. 

That present cash flow is weak, but that's because the project is on-going and we are in the process of renovating, transitioning the wrong tenants out, and bringing the right tenants into our units.

These are the house stats: ¼ Acre LotCity Water and SewerFull Basement1500 Square FeetOpen concept living roomFinished will have 2 full baths, 3 bedroomsFinished bonus room in basement Was used as a bedroom but doesn’t have the proper egressFenced in backyardCan lighting in all bedrooms, living room, and kitchenNo garage, paved driveway fits 4 medium sized carsSquare Footage:Basement: 938 sfIst Floor: 844 sf2nd Floor: 533 sfFinalizing the Flip would require: Mounting and finishing drywall on first and second floorFinishing the partially roughed in bathroom on first floor Water supplies are ready just under the floorboardsSewer outlet is just under bathroom, PVC drains need to be roughed inElectrical wire is run from the panel to bathroom fan, lighting, and outletBathroom fan/light is installed, needs duct added to vent outsideNeeds greenboard drywall, flooring, toilet, vanity, shower/tub surround4 doors for first floor bathrooms and three bedrooms4 closet doors, 1 for first floor coat closet, and 3 for bedroom closetsFirst floor bedroom Subfloor replacement in first floor bedroom (some original floor boards are weak)Connection of electrical outlets - conduit roughed in but needs to be connected to panelDrywall mounted, finished, and painted throughoutFlooring throughout except for kitchen, I suggest tile in front entryway into first floor bathroom, laminate in open concept living room up to the kitchen, carpet the rest.Minor drywall patching and painting in Kitchen and basement bathroomTrim/baseboards installed and painted around all doors, bottom of drywall, and windowsProper railing for both stairwaysPower wash sidingMinor landscaping, just needs some mulch in beds and some minor weeding in flower beds.Two fence panels replaced in back yardBasement bathroom needs minor touch-ups on grout and caulking Other issues that may need addressing or could just be disclosed upon sale: Two minor basement leaks only when there is a TON of rain, otherwise basement is dryWarped siding in backyard where grill used to be, could be replacedSmall area of cracked siding on front of house at end of drivewayDriveway isn’t in the best condition, some patching may make it look betterAll work done on house has not been permitted except for siding and roofPlumbing Ventilation isn’t 100% to code and may come up in an inspection Side notes: When I lived there, people didn’t believe my address was real when getting deliveries because of the marijuana culture around the number 420 and the street name of Highmoor, maybe there is play here selling to someone that is into that stuff?

Learning about the real estate investment world is like working out, when you start off you're weak as hell.

I'm always thinking of the 3-star guest that some owners rate as a 5-star when I write reviews and will not think twice of rating a 4 in the weak area.

But knowing strengths and weaknesses up front will save you from getting into trouble.

One of my biggest weak points is anything hands on, so any guidance would be appreciated.

It is just a very general guideline to categorize really nice properties from average properties from weak properties.

What you're getting in return for the initial capital needed to buy this deal is good (thank you, leverage).A few things I'd like to note: the monthly cash flow is a bit weak for me personally.

When a chosen investment is financially marginal or the business premise is weak, or when a decision maker has limited experience (or limited competence) and builds faulty financial projections, it's time to cut losses.