Personally, I would go after base hits 

If the person or service is fantastic, there is potential for A LOT of business (~160 turns per year).

@Brian Willie personally i would not do this. 

As long as it can pass an appraisal and not be "Subject to" would be wise but a little TLC is preferred versus major rehab.

Personally, I think curb appeal is low on the list for MTR success.

Personally, I rent out properties that I personally would live in- and I carefully screen my tenants.

@Ashley DennisI think people should consider owning real estate personally (tax benefits) and inside of their retirement account. 

I guess how you handle the person by building a relationship is key here.

What they said^^^^No obtaining a permit for a structure that will be a habitable dwelling is just plain stupid... sorry - nothing personal.

Assume the property is well located with average appreciation ...Selling some properties of mine and just curious what the average investor buyer is thinking ...Thanks guys I wouldn't personally recommend deliberately buying a property you believe will be negative cash flow.