I have no experience in real estate investing and don't want to waste my time in something and then end up somewhere else down the road and realize I should have started there.  

I have been working with the title company who wants me to changes this to purchase the property and put my name as the manager. 

I’m not sure all of the regulations/rules to this in PA though.

For example, I would place one in the game room if it is located on the opposite end of the hallway from the bathroom.

There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.  

I would confirm by seeing the product then going out and checking comparables in that market that have sold. 

I listed it for a month, then decided that cashflow would be strong with the current mortgage.

I've been a few times to Killeen, Belton, CC, Temple area looking at potential purchases before I gave up. 

With fees doubling and competition heating up, you might want to rethink this investment.

You can get recommendations there.I also recommend going through BP's HML directory.