This property is in a nice area, these were middle classes young 20yr olds.

Last year, we purchased a very nice 9 unit portfolio from an elderly couple (fourplex, triplex and duplex).

There are plenty of duplexes and 2/1's in older neighborhoods that you could put some sweat equity into in the next couple years and turn a nice profit.

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

We usually fix them up ourselves into nice places.

@Diego Romero Sounds nice. great area.

If they are super nice, they may provide you with the rent records, and that is what I would try to get if I were you.

It'll be nice to have the thread to look back and reflect on the lessons learned after the project is completed.Here are a couple pictures from when we were removing the asphalt siding. 

Instead of getting up on the toilet, turning around to face forward (putting 100% of body weight on one side of the toilet in the process), planting both feet on the seat, standing up, and squatting down (for #2 or #1), which will cause the bolts holding the toilet in place to come loose (our toilets are built to assume weight roughly evenly distributed on the seat).

I get a large number of calls when I post signs in my yard, many of which are a complete waste of time.I can immediately screen out dozens of people incapable of writing a semi-coherent email message at my convenience once or twice per day, which allows me to not waste my time with large numbers of unqualified folks.A couple of suggestions:1) Make a GREAT online ad, with at least 10 high quality, well-lit pictures of your property on a very nice day.