The $275k - $300k price point is right along with average to median prices which, absent a significant down payment, tend to fall outside of acceptable profit margins from a buy and hold perspective. 

Condo's struggle to maintain their value, and if we enter a "shift" in the market (some would argue we are are entering one as we speak..) hey typically perform worse than the MFR.  

Over some 20 years of doing this, I think only one perspective tenant had their own fridge.

Good morning Melanie,I can't offer much from the "rehab crew" standpoint; however, I can tell you from a Lender's perspective (I'm Commercial, not Hard Money), outstate is scary.

*IF* I were a Property Manager, then the  focus needs to shift to Tenants and Property(physical asset) management and less on accounting per se and creating PnL's

I feel like I have a unique perspective of the industry being a contractor that caters to Investors.

No, no, no...I see these all the time in properties...houses and foundations move and shift over time...in my area, for example, all of our floors are sloped because of settling and foundation movement...no big deal...have a contractor look at them if it really bothers but I would say look at the HVAC/electrical/plumbing/sewage in the basement (I've had that in one of my properties)/those type of critical issues...those are way more important than cracks in the wall...just my opinion BTW!

Read  all you can about it and you'll gain a better perspective and not feel overwhelmed.  

Unfortunately, I am not in a position, from a capacity and experience perspective, to work on remodeling properties, etc.Thank you!

I appreciate your perspective.