Even then, you'll have to still put a sticker that says "GFCI Protected No Equipment Ground" on the ones you don't replace.

I have approximately $200k that I feel comfortable working with, and I'm hopeful that other more experienced members of this community can help guide me in the proper direction.I currently work as a broker of commercial processing equipment (Pharmaceutical, Food, Mining, Chemical, etc.) and am confident that the skills I've developed in this profession will help me moving forward.I like the idea of buying and holding property, though I'm trying to be as open minded as possible as I'm aware that there are many different avenues toward wealth creation in this industry.Thank you - any suggestions, advice, warnings, or words of encouragement would be appreciated!

Here in the east their is also 'Farm Credit' which finances rural properties as well as farm equipment.

They invest hundred of thousand if not millions in equipment and TI and you cant just move across the street if the rent goes up. 

@Hoa Nguyen I think @Abel Sng has given you a very good advice ,rather than getting into a smaller deal ,you can invest that into two different deals with two different syndications and start learning and you do not need to spend a lot of money on coaching courses either but you can always attend scheaper boot camps or online boot camps to learn and network to build your team .Also let the market cool down a little bit and with the knowledge you are going to be more equipped to find,fund ,acquire and manage the deal.

I usually try to keep all administrative files like logos/graphics, lease templates, corporate info, in one folder, then break each property into it's own folder, with a copy of the current and past leases, appraisal and purchase info, any warranty/spec info for equipment, appliances, paint codes, etc. 

Keep in mind ratios of equipment to apartment units.

The corp. is not especially profitable; it generally brings in enough cash to pay the property taxes, insurance, maintain the house, and buy equipment (snow blowers, etc.)

(on the current job we rented equipment and did all excavation shaving off a huge amount over what we could have subbed out for) We are relatively new to southern California, having moved from an area that was smaller, and less spread out, where we could easily manage several different types of jobs at a time.

Just read this: Sec. 210-7(d)(3) permits any of the following installations when replacing a 2-wire ungrounded receptacle: (a) Replace it with another 2-wire receptacle; (b) Replace it with a GFCI-type receptacle and mark the receptacle with the words “No Equipment Ground;” or (c) Replace it with a grounding-type receptacle protected by a GFCI device (circuit breaker or receptacle).