Might not feel like much.

So $11,222 times 22% is $2,468 - leaving you a true profit on the house of $8,754 for an all encompassing 6 month intensive project that you will likely feel lucky to get out of with that profit, because you did your very best to minimize expenses along the way.How do you quantify this number?  

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Then take the next tenant's cash flow, replenish the reserves, and keep moving forward.If you ever have an PM related questions, feel free to DM me!

Reece,without full financials i cant advise much, but i'd be leary if the deal doesn't pencil at least ok while the current rents are in place. reason being is you'll still have your expenses (PITI+mgmt+repairs etc) until the units can vacate, no rent remodel, lease up again. with that much repair it feels like you have a LOT of DD before diving in.

Start with BiggerPockets Ultimate Beginners Guide (free).

Feel free to reach out with any questions or thoughts!

In Ohio you could manage properties for her even if you are not a licensed real estate agent working under a licensed broker so long as you were her w-2 employee or you were doing it for free.

I've noticed the forums provide a wealth of knowledge from individuals investing in a wide variety of strategies and feel this is the best place to start.

Please feel free to DM me if you have any follow up questions or would just like to connect :)