You need to analyze multiple markets and see what you like most. 

As I get multiple quotes, I adjust accordingly.You mentioned TLC, then say a Rehab of $15k.

If that were true, multiple offer situations would all be for the same price - they rarely are.

Need some advice from the vets please..My neighbor has approached me multiple times, since I moved in a year ago, asking me if I would be interested in buying his half (Our house is a duplex, but not zoned that way, they're zoned as townhomes).  

Considering buying portfolios of a few single family rentals on loopnet. The scenario I'm ping ponging in my head at the moment is "What if I take out a loan for this portfolio and decided down the road that I want to...

You might want to ask him to explain the BAR rules (Betterment, Adaptation, Restoration) surrounding capitalization.Maybe you can expense it as de minimis over multiple years, but that seems like a lot of work to me (what Michael was hinting at). 

If you leverage it, you can have multiple cash-flowing properties.

I'm new to the game and have been absorbing multiple books/webinars/podcasts, but I haven't seen anything yet about how to pick a place to invest in. 

Because I don’t have multiple properties, I want to start out myself without hiring property manager.

So that opens up the door to just run this thing out to the endzone myself here and save the commission (could probably even use it as a bargaining chip in negotiations).The issue is that I don't really know that much about the finer details of being a buyers agent (even having bought multiple houses before).