Is it at a desirable level?

Right market for me, deal size not too small, class desired, business plan and assumptions, payout structure, fees, financing, operator that is seasoned and sees LPs as more than ATM, etc."

Most will have no desire to improve their situation.

Might an accidental landlord be sour on rental properties because he/she had no say - and possible no desire - in acquiring them?

@Matthew Richey, given your stated lower comp figures and its lousy street appeal, and your desire to buy right, and often, I'm wondering WHY you even went up to $290k!?

I have a few pairs of boots on the ground in my desired market, all in the form of family and acquaintances who can scout properties in which I'm interested, and I've got a small team of pros coming together as well, but of course the communications barriers are a pain. 

@Rachel Leonard had a good point about the types of tenants that seem to be desiring that type of arrangement.

They need a bit of work, a contractor gave me a rough estimate of 25k each four a worst case senario after walking through them, but we hope to get them in desirable condition within four months and each unit rented for at least 800/month plus utilities.Our plan for the rehab is to take the building that requires the least amount of work and get it fixed up and rented before moving onto the next.Any thoughts?

Everyone's goals are different and not everyone has the desire to build a real estate empire with thousands of units, but I do and this is how I have began.Everyone has their own profit margins and parameters.

., while others become much for desirable.