Starting out, many managers/landlords want to talk, talk, talk about all the great features of the property, how great the neighborhood is, and how much they know.

It seems as though most people want to find properties which main criteria being that the property has positive cash flow.

Our main goal however is to sell the property as quickly as possible to a qualified buyer.

The homeowner will have a redemption period in which they can buy the property back for a certain percentage over what it sold for.The main advantage is that you are guaranteed a certain percentage on your money.

RENO will be $9,500.House in 2010 had new main service ran, A/C, hot water.

It is actually a feature in top property management software.

Don't discount the great knowledge of others from all over that will be able to help you too.Read the articles on the main blog, listen to the BP Podcasts and be active on the forums and you will get a great education in any aspect of real estate you are interested in.Good to see you already are hitting some of the local REIAs.

When updating bathroom plumbing and it doesn't need a full gut I don't try to salvage the tiles I make it a feature always looking to add character to my spaces. 

Also if you are flexible enough that you can also take in roommates in your unit then you could end up living free and maybe pull out a little money too.Look around on BiggerPockets and read the main blog and listen to the BP Podcasts and be active in the forums.

Elizabeth Colegrove utilities are separate.My main concern is the added noise a second person would make.