@ frank jiang Currently the appreciation for this property is average.

., on a buy and hold before you rent it) contractors usually give to investors vs the estimates/pricing usually provided to your average homeowner wanting to update their house?

In my area average rent is $500, would requiring an extra $100 renters policy be a problem?

In my area average rent is $500, would requiring an extra $100 renters policy be a problem?

I still definitely would catorgize me as being a newbie investor, but I'm curious how many deals does it take to be considered an average, or even an advanced investor?

The other ones are average but their outside appearance is nicer and the build is newer. 

@Robert Perkins,I'd suggest downloading a Schedule E from the IRS website and working through it.

Do you have any, or all, of the following experience and skills:Blue collarbackhoelicensed home installertransport driverelectricianplumberconcrete workremodelerOfficeresident intake and screeningresident relations/community relations/governmental relationsbookkeepingcollectionsWhite CollarCompliance Management SystemDeveloping and Implementing a Marketing Plan that makes sense for the style and location of the community you buy.Selling homes at a profit and closing the sale.Establishing some legal and compliant manner by which your prospective residents can obtain financing to purchase the homes you are selling.For 4 and 5 star communities with prospective residents who average credit score is above 660 you will need to develop good relationships with outside lenders.For lesser communities or for communities where the marketing is geared to draw residents with credit scores below 660, you will need to develop some form of seller finance.Developing consulting or vendor resources for areas where help is needed.The more you already know, the less outside help you are going to need.

I'd say the average is 2-2.5%. as we all know, fha has a ton of fees so it helps the buyer and they love having one of the nicest homes on the block with only putting 3.5% down.anybody have to usuall give in to the closing cost credit?

You didn't mention (or I missed) average rents for the 4 units you're looking at.