I was, and still am, in the acquisition phase so I knew that many of the properties would need updating and that in a few years they would all be stabilized with increased rents.

However. as long as you have a line, neutral, and ground wire (3 prong fittings), installation is cheap.NEC Guidance: https://www.ecmweb.com/national-electrical-code/code-basics/article/20898894/nec-requirements-for-groundfault-circuit-interrupters-gfci

If you primarily invest in WI and plan to continue as such, I would start researching boots-on-the-ground teams or experienced REI contractors that can provide you with a work of scope on the property - know what risk the property has physically before you invest.

I'm currently in the education phase and welcome any advice that others are willing to share!

I just bought a home in Gilbert that I’m going to rent out for a little while and am planning to move into at some point in the future to be on the ground in the area. 

The 24” pipe is about 10’-0” below ground and about 5’-0” away from the house.

All the "boots-on-ground" agents I have talked to encouraged me to go for it as that it very rare to find 1% rules properties in Austin MSA and this will be appreciation play. is this true?

That's great that you're on the ground there too. 

This is essential while you're in the education phase because you will need to analyze a bunch of deals to understand the numbers and your market. 

I am in the learning phase, right now I am figuring out if I using this calculator properly.