The idea is of course to cash flow, even with property management baked in.

The Ultime Beginner's Guide is a great place to get started.I hope you don't take this the wrong way but when you use a phrase like "build my team" it immediately makes me think you're fresh off a guru course. 

My main point, is that the pics on zillow, while not your furniture, show a somewhat 'old/dated' look, vs a more modern fresh look.

It is a oportunity as a new landlord to start fresh and train a new tenant to meet your requirements.Inheriting tenants is only good as a bridge until you can establish your own tenants.

. :)  For real though I'm just trying to keep it fresh.  

and then pay the lender back his  60k..Thus leaving me with a freshly rehabbed 200K property, + 140K (minus the lender's fee) in cash?

Their idea of "fixing" this ended up being a fresh coat of paint to hide the rot.

Scope of work: Remodel basement – no structural changes other than removing a wall to create open space; mainly bringing up a fresh look to the basement that is still stuck in 60s.

When we first became friends, I was fresh out of college, trying to break into IT, so I rented a room from him.

You want to be known as the guy who does a beautiful job, not a half-baked one.That said, what types of jobs are you looking to make go faster?