However, he installs new 30 year architectural shingles, Stainless appliances, hardwood and tile floors, newly painted interior and exteriors, and more.If you are going to own a property on a street of mostly rental homes, I'd suggest that you stand out from the crowd.

I have had houses where I quickly painted them with the Behr ultra white and had no problem doing so.  

I will say that some sponsors paint very rosy pro-forma and in realty it's only in the mid-teens for the IRR I'm seeing.The ones that I see that are 20%+ IRR are more risky, like ground up or going after distress plays and these guys usually have significant buy-in $50k-$100k and longer holds 7-10yrs.There was an article I found before that talked about Rev A+ offerings (open to non-accredited) creeping up on some platforms:http://astudentoftherealestategame.com/passive-rea...Good luck!

It's not just the crappy areas that fall victim to theft.Take the time paint the tools with names and engrave stuff on them in more than 1 place.. so if they are pawned you'll have better chance of recovery,, take photos of what you havebut basically tools for some reason have legs.. they walk off.. never to be found again.The security system stuff is fine but finding the creeps and monitoring the system isn't easy..It's when they rip off the copper, and break stuff that things get personal.

Time for the renovation - the two upstairs floors were manageable; time, effort, a lot of paint, and some minor fixes (thanks YouTube!)

Some questions I have:Should we leave the space in the current state and just paint the walls or should we take out any of the walls and make it more of a blank slate for our potential tenants? 

Per seller house needs new carpet, paint, landscaping, and tile replaced in one bathroom (15-20K?). 

The house has wood siding that definitely needs scraped and painted.  

put on a fresh coat of paint. 

However, it is need of some modernization(kitchen is 30 years old, plumbing and electric need updated, paint, etc).