Section 8 is a great way to be less concerned about getting paid, but it also attracts a different type of tenant, depending on what neighborhood class your units are in.

In my area, I go for attractive efficiency that is as bullet-proof as possible.  

some newbie agents will do this for experience ... top end producers will not.. unless they set up an assistant to do it.. and if your just acquiring it would be harder.. if your acquiring and then fix and flipping and giving list backs well that's another kettle of fish all together along with price points.

We did that in the back of some units and it looks good, does not attract bugs and does not cause splinters.

Fear of getting a bad deal that produces negative cash flow for my first deal would big the biggest thing holding me back. 

When I said someone that could produce viable results, I was referring to someone different than the others that just take your money and give you basic stuff you can find on the net.

They produce it every year.http://realestate.wichita.edu/draft/research/Web/F...My 2 cents... it's a stable market and will experience longterm linear appreciation.

Checking out a property to make sure the rehab and location will lower your subsequent maintenance costs and attract a quality tenant are very important.

I know people sell occupied rentals but I don't really want to discount it and for the price that I'd list it I'm not sure it would be an attractive investment for someone else.

Conversely, this means that Property 2 has less risk, which makes it more expensive per dollar of NOI produced.