You raise $5K/door (or more) upfront to address deferred maintenance and value-add improvements.

I don't have the link, but someone sent me an example of a porn star trying to pick (what she called) her "profile picture," - nope!

In the warranty deed that was executed the seller swore to defend my right and title to the Property and all improvements thereon against all others.

And to expand a little further on Frank's cap-x comment, during the last recession there were plenty of apartments with 20% vacancy or more, simply because the ownership didn't have the resources to do the capital improvements necessary to attract tenants. 

Also sounds like you might not have the capital for a major improvement if you buy something that needs work?  

Hi Michelle, A general help on strategy read my paper on buying rentals, linked off my profile 1st paragraph, How To buy a bullet proof rental portfolio.A 2nd help is if you are serious about setting up a system, team and set of local peers, you should consider joining the local REIA that I ended up choosing for all my local support, contractor referals, legal helps etc.   

Michael: If you were to complete your member profile so that potential partners could see where you are it might help your search.

Send me a DM or go to my profile to see my website.I would love to share some knowledge of areas to look at and some to stay away from.

Take care of the property and focus on credit improvement. 

We'll likely throw money at it once someone moves out and we need to improve it to increase rents yet again.