Typically through renovation.

Full disclosure some of my other bank stocks took slightly larger hits but nothing more than 2.43 per share. 

There will be larger gaps between the wealthy vs poor, and the wealthy ones will be able to buy nice homes. at that point, we will not be able to rent our mid tier or lower end house, and no one will be buying it.

Are you looking to build brand new or renovate an existing structure?

Assuming there has not been a recent renovation then I would assume it will be drafty and poorly insulated.

The property is off market with a selling price of $140,000 aprox + $15K in renovations.

Cash-on-cash is your only metric here that may matter, and it's simply for comparing properties side-by-side and asking what the best use of your limited dollars is...Anyway,Your closing costs will be closer to 2% of the purchase price: $5,800 (unless the seller is covering this...if so, good job)Repair cost of $1,000 won't do anything...contractor fees will eat 50% of that...if you are renovating, you need to renovate to drive rents...$4k per unit will maybe do paint and carpet...a few fixtures. 

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

At what point in a renovation would you have the electrician, for example, giving the estimate?

Right now I hold my license myself here in Texas as I do not need the support of a larger brokerage for my current purposes.