I was actually surprised by a few of these properties and a quick sales comp suggest there is money to be made with little risk.

I'll give a quick background of where I'm at, where I'm hoping to go and ask how do you recommend I get there.Where I'm at:Currently, I own my personal property (have 248k left on a 272k note).

Great rental potential as well, as average rents for the area are going in the 1600-1900 range.I mostly wanted to know if it was a good idea to put in the renovations to bring the house up to a higher level as the market for the neighborhood can hold it and houses are selling there quite quickly.

People are quick to criticize for "Paralysis of Analysis "  However few understand it. 

I would guess that the short term future will continue to be a Fix and Flip for homes or a quick flip. 

At least for now, I'll stick to what I know, my own backyard.I've based my focus in East Hartford, Manchester, Willimantic, Mansfield, and of course Glastonbury... though you gotta be quick, lucky, or both to find a deal in my hometown. :)

I would like to know offer example such as offer to pay full 15% of commission, but lower rent or offer asking rent price with lower commission (such as 10%).Just a quick math, if I paid 12.5% in fee and $1650, then the equivalent rent would be $1856.25 = ($1650 x 12 + $2475)/12Another example would be, 15% in fee and $1550 is $1705 = ($1550 x 12 + $1860)/1210% in fee and $1750 in rent is $1925 = $1750 x 12 + $2100)/12 (this would be higher than the current offer...)So I guess the math says, lowering the rent will help over all cost for me...?

It would need to be something attainable relatively quick.

He bought several rental properties in the LA area and quickly found out he wasn't cut out to be a landlord (he was too soft-hearted, believed every late-rent-sob-story, and wouldn't evict) but he wanted to maintain a close eye on his properties. 

I perceive REI as something that is not a get rich quick scheme and that requires due diligence.My current plan is to buy and hold.