As for 2 beds apt, I’d rather go fOR a large complex with on site management.

Screen tenants and get the most qualified ones you can and require a large deposit of they don't have good credit and background checks.

You cite "rampant non sustainable 'pockets' of extreme generational poverty" however, every large market has those pockets.

After college, I knew I wanted to pursue my law degree and I ended up back in CT because I missed my very large Italian family (also law school is f***ing expensive so financially it made a lot of sense).

And some of the best tools can actually save investors money as they scale up.

So the total cost of replacement on a home that large is 4X-5X (or more) as much as the actual market value of the house, far more than what you paid for it. 

Our aim, much like many BP'ers, is to have a flip business that supports scaling our buy-hold rental portfolio.

Hi @Roger EvansI know this is a late reply to this post, but if you ever need visuals done for a project of yours, large or small, please let me know.  

This is a good way to scale up.

Just to give you folks an understanding, the home was built in 1908 and is situated on top of a large hill.