Capex by definition covers expenses that pop up once every 10-20-30 years or so.

@Eric Brandenburg all jokes aside, the good news for you is, if you can afford to kick out 1800 a pop for rent, you can potentially have a LOT of affordability options and pick of 'Cuse neighborhoods. 

Good rehab deals do pop up, but have accepted offers usually within a couple days, so both speed and cash (or hard money) are very much a requirement to participate.

But don't worry, you'll probably only have to deal with your partner until you sell the building in five or ten or twenty years...why did Attica just pop into my head?

So I recently took a trip to view an 8 unit apartment in a small town (Pop. ~10k) near me and after looking at the property I found that it looks to be a C to C+ property just down from an A to A+ area.

I also advise setting progressively more specific alerts, so you know if something related to one interest pops up, but you also know when the Holy Grail thread pops up that relates to the intersection of alllll your interests.Since you're no newbie to the RE game, you're well ahead of most new members - you'll just have to learn the rules for the US, but the essence of successful passive RE investing is universal.If you have any questions about turnkey in general or the market down here in Birmingham, AL, feel free to reach out any time.Best of luck!

Within the last month I have been consistently running the numbers on properties that pop up on Zillow, Craigslists, Loopnet and Trulia.

This just popped up in my newsfeed.

A Fannie Mae Homepath property popped up near me.  

I'm really passionate about starting realestate wholesale and ever time I google a question biggerpockets forums would pop up in the results I've loved reading all questions and advice, most is really helpful.