Beyond that you will need to know how to fill out contracts (TREC 1-4 Residential Resale here in TX, assignment of contract, personal addendum, lead based paint etc).

Maybe paint the apartments to justify the hike

BUT, one unit needs a small amount of work(carpet was ripped out- hardwood needs sanded/finished), new paint, etc...

I am not impressed.You still have to texture and paint to make it look good."

So there could be some opportunity in "rescuing" and worried owner, but Some of the older townhome areas (especially the ones without HOA) are getting run down and low income is moving in.... owner are mostly young military singles who were convinced to buy instead of rent by first property management company (I was one), now no one wants to put any money into properties... ie paint, siding, etc.

When tenants move out, things will be broken, flooring will have to be replaced, walls will have to be painted.

Could use some paint and carpet, but otherwise the house has all high end stuff.Never used a hard money lender before and I don't have a lot of skin to put in the game.Thoughts?

And without a garage full of tools I can't do many of the things and must rely on others (clean up, make ready, painting..).When all is well than rv'ing makes no difference and is a great way to meet others, see and speak with investors in other areas, etc. and see this great country.

This property needs little to nothing as it has vinyl siding and a newer roof only thing i will be doing is painting and cleaning the second unit to rent it.

The heating company boss (who got called down to our house by the contractor) deemed it so important to get replaced that he was pulling people from other jobs to get it done today.Needless to say my father-in-law is now a believer in my inspections (we also found a moisture problem in the bathroom causing the paint on the ceiling to peel that had never been reported by the tenants and fire alarms that were not functioning properly) and I'm so glad that I have a reserve fund!!