Agree with kelly if you are having a hard time coming up with 3 percent continue to save because that stress level will increase when something happens and you can't resolve it for the renter

I would want the front entrance to be at the lower level. 

Sometimes the best use for old buildings is to level them.

This is why my plan is to achieve the level of financial independence whereby I can keep my 105 year old beautiful money-pit of a home.So to answer the OP, my plan is to stay right where I am, but at the same time, I'm sure my wife and I will be traveling 6 months out of the year...vacationing, visiting relatives, who knows.... maybe even visit some of properties of the syndicated deals we've invested in over the years. 

The idea with turnkey is that the buildings come with a certain level of well-vetted tenants, well-vetted management in place ready to take you on as a client, necessary repairs done to keep said tenants happy and paying market rents, etc. 

I have had more appreciation then I would have expected which has skewed the ROE in a good way but assuming it levels off to 3% I would be around 15% ROE.  

In the meantime check out my BP blog articles on my experiences here for some high level info:   https://www.biggerpockets.com/blogs/10042/Here are my quick answers to your questions: 1.

My skill level is limited to upgrading an existing space with new paint, fixtures, flooring, and lighting; this includes exterior painting, roof shingle upgrades, and deck building. 

One of my laundries I just installed is on ground level, it was ridiculously easy to pick up a washer & dryer for <$150 and throw it in there.The fridge problem is definitely not dirty condenser coils.

I'm looking at different properties in the St Louis area I keep finding deals in areas that on the trulia crime map is in the level 2/3 of the shading.