While I believe addressing the repairs and cleaning up is capital intensive and 200 additional rent may not be rewarding (200/3500, that is around 6% return...

Note investing is excessively cash intensive - to the point where the only way to grow is to use OPM.

Martin  lots of competition with private or HML in CA has really driven down the cost of capital. lenders have to deploy to make money.in my day in Oakland we were 5 and 15 all day long LOL.. but my day was before most of the younger investors on BP were born.When I look at the Bay area and my life there and being in RE there for all intense an purposes all my business life  started at 18... the biggest meltdown was not the GFC Now I am talking the immediate bay area not Solano or San Joaquin or Sac counties... or Vallejo Suisun area. those got crushed in the GFC just as bad as FLA NV AZThe biggest meltdown came in 1989 to 1992... prices on high end homes in SF and the Peninsula fell by 40 to 50%...

With 25% down it's about 10% cash on cash going in before principal pay down and tax depreciation.If you want more yield you might have to do new development, take something half full and turn it around, or buy into a more intensive type asset where you have to work more for yield.The lenders I mentioned above only work with certain borrowers and certain types of properties.

It's been intense and exhausting at times but overall very fulfilling.

Example, if you want $1,000 limit, you would have to secure it with $1,000.It may be a capital intensive way to build credit, but it will show people that the LLC pays its bills.

I do not have the time to educate them intensely on the process for a check of maybe 15,000.

http://www.denverpost.com/business/ci_27780191/den...This article explains in a nutshell how intense the market here in Denver is right now.

What my friends, family and tenants think I do :  Play golf and basketball every dayWhat I actually do:  Aside from a stint in the United States Army in the late 80's, being a Real Estate Broker/House Flipper is the only job I have ever had. 

Properties in rougher neighborhoods that rent for less are more management intensive, whether you use a PM or not.