Where it breaks down in my mind, however, is that a bathroom sink is designed to deliver water to said sink.

I didn’t find it in time.The safer option that will make me a less qualified loan candidate for a while: Quit my job, live rent-free for a few months (thanks Mom and Dad) while I get my real estate license, move to Denver (and rent), get a job as an agent, use my stash of cash to live off of for a while until the commission checks start to roll in, HUSTLE, HUSTLE, sleep, HUSTLE for as long as it takes to kill it and become an attractive loan candidate again.The yeah right option: buy a shoebox in the Bay Area that would force me to burn ALL of my free cash on a down payment then rent it out to (hopefully) cover the mortgage then pray nothing went wrong (Did someone say earthquake?).

Leaving the property in disrepair just attract lower and lower quality tenants.

I am attracted by note investing and feel overwhelmed with where to start.  

Buzzwords - including Turnkey - that are like shiny trinkets are constantly used to attract investors and new investors are especially susceptible to sales techniques.Not to mention, the easiest person to lie to is ourselves. 

My wife is a highly skilled interior designer.

With the resources and network I have I can offer a virtually hands-off acquisition and get you set up with sourcing, acquisition, design, staging, and management of a short term rental here.

This company designed our new kitchen after we gutted the old one, sold us the cabinets, counters, plus a bath vanity and sink, and had another contractor install them.

In USD it amounts to $70,000 (unit price + closing cost + interior design & furniture).To cut the long story short, my total cash outlay amounted to $29,922 (which is 42% of the total unit value).

I'm a designer and appreciate character in any home so the age is never an issue.