If it truly is just the paint and carpet and outdated but functioning bathroom and kitchen, a conventional mortgage should work as long as it appraises at the right amount, right?

Hey Andy - If you use the search function and query arbitrage you will see dozens if not hundreds of posts on this. 

You only need to be proficient enough in the languages associated with development to function effectively in the role.Feel free to reach out if there's anything specific I can assist you with or if you'd like to have a chat.

This would put my conventional mortgage at 15-1600 a month with unknown costs for repairs to get the 6 unit functioning.  

     - Current rent rates are roughly 200-250 cheaper than what this market could support "ONCE" homes had some love.         17 doors,  Total mth Rent 9,600    (avg 564/mth)Consists of: - 1 apartment - 8 door, built 1980, not beautiful but functional.

The HVAC is functioning fine at the moment.

Biggest dig: no accounting functions. 

Also, we should consider implementing shared amenities, co-working spaces, or multi-functional areas that maximize the utility of common spaces and enhance tenant satisfaction.

These factors would include the numbers of properties that can be managed efficiently; the amount of capital their acquisition consumes (which is function of their down payment and financing terms), the quality and durability of the income stream they produce both in times of inflation and recession, their fiscal independence from government subsidies, and the time one must spend puffing out fires in order to continue to function.

The main items depend on the age of the house but typically include; Electrical- non-functional GFCI, double tapped breakers, missing knockouts on the main panel, missing electrical boxes and or covers, open-air splices.