There are no pictures of the inside, yet, but no major interior renovations were mentioned

The art is in accurately projecting numbers, which is notoriously difficult.Forget complex investing strategies as someone new to RE. 

Hi Brett - local PM here - we have a few development projects, small multifamily and tonwhouses that we are gearing up for sale in the next 6 months.

There will be renovation of the home that is $82,500 worth of renovation. 

Sounds like an interesting project but I am sure there is more to the story.

I here in the Netherlands Rotterdam working on renovating a 3 unit building

Time Commitment - Basically if one of you spend more time on the project than the other they should be compensated for that time.

The reality is that you need a lot of time and money up front to get your project started and you need to really work on building your credibility.

Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I also wouldn't touch hilltop with a 10' pole. struggled. old homes, over budget renovations, lots of issues. realtors push people here since it's the only place cheap houses close to downtown can be good but homes are 1900-1920.