Ideally they will have a pool of investors looking for a turn-key property. 

Quote from @Paul Gupta: Hi, in California, For jobs requiring a license, there was CSLB (contractor state licensing board) which would give either a General Contractor license, or specialty licenses by trade (~60 specialties such as concrete, welding tile, ) https://www.cslb.ca.gov/about_us/library/licensing_classific...My Q: does Maryland and DC area have similar requirements? 

You want to buy apartment buildings in the ghetto and turn them into Condos?

So, let’s kick off this last chapter by learning how to squeeze every last drop of potential out of every property.Adding Additional Units.

Once the lease expires, they would turn to month to month tenants.

Pay it off and then buy a new primary and turn your current home in to a rental.

Your turn overs will kill you.

Then, if you turn over the unit and have to place a new tenant and they charged the 1 months rent fee - you are talking 4 months of ALL of your profits going to the PM.

So what kind of property would it take for you to increase your cash flow by $2000 - $3000 a year. 

- Dont be fooled by rising prices - they may be lagging the rest of the area for a reason!