So, let's say you have a roof with 20-year shingles that is 5 years old that was damaged in a hail storm and it needs to be replaced.

I represent a lot of retail buyer and sellers, but I work with an awful lot of investors and I understand that aspect very well.

If you decide to follow through with that aspect of FB, please let me / us know how your experience was.

Definitely a great place to learn every aspect of real estate investing.

At a minimum, a home usually must pass a 4-point inspection to qualify for insurance (and thus financing), so if a house needs something as simple as a new roof or a new a/c or furnace (which is very often the case with REOs), it kills the deal for conventional, FHA, or VA financing. 

At first thought, I said the quad but then after a little while I started thinking that I could only imagine four families living under one roof could get hectic and make the turnover rate of the quad higher than the duplex.

Be specific- - automate what aspect(s)???

Whether or not you are interested in landlording, code enforcement impacts many aspects of real estate investing and it is well worth the time to understand the process and ask questions if you care to.

We are currently uses a system that checks credit, to me one of the most important aspects in terms of finding reliable tenants.

If you need an air conditioner repaired or a roof replaced, a PM will tack on 10-20% of the cost of the repair .. just for making the phone call.