So yes, I’d absolutely love to be in my own back yard, but until then, I will do my best to bring improvements and new life to other areas that are good, but just need a little help to be great

Be sure to screen properly and use this as a lesson to improve your systems.

I’m into it for $30k after improvements .

(happy to help anyone here if they need help collecting aggregate data, SEO improvements, website improvements)- Business experience (have founded my own tech company before, done a bit of fundraising).- Very handy - I renovated my 1930s cape cod.

I am purposefully picking rehab items that would likely improve the value by an amount above their cost.

It's a multifamily property that has potential to increase rent of $150/unit with minimal improvement. 13 Units.

In this situation, we have taken several actions that have vastly improved our tenant quality, including:1) Making sure we have at least 10 great pictures of our unit in the advertisement2) Our advertisements clearly lay out our requirements: One full year at current or previous job, weekly gross income > $xxx , Paying and approving email for a Transunion smartmove criminal, credit, and eviction checks, having no more than one eviction ever which must be disclosed, explained,and paid off.

Some modifiers and gotchas are:  are there environmental restrictions against building or improving the land? 

Buyers, in my experience, normally don't make capital improvements prior to closing because of "what if you don't close." 

Another property is a 3 family for $250k (Unheard of around here) but probably needs $200-$250k in improvements and again I fall into "Is this really going to cashflow enough or is it just a tool to fund the next one plus a small profit each year".