Cream rises to the top!

My main goal right now is to learn the ins and outs of the industry, and purchase my first property before the start of 2018.On the reading list right now is:The Ultimate Beginners Guide to Real Estate Investing (Brandon Turner)The Miracle Morning (Hal Elrod)The Book on Rental Property Investing (Brandon Turner)Since these first posts are more meant as an Ice breaker, I'll throw out that my favourite kind of ice cream is vanilla, because it pairs with toppings so well, and tastes good by itself.

People want to be able to walk to the ice cream shop , the corner pizza shop and post office .

@Steve Vaughan  also very much depends on where in the US it is.. and what your tenant base is..some tenant bases around the country are peach's and cream and not tough on property and pay on time.and rarely does  a unit go vacant one moves out 3 to 5 days to clean and turn it another moves in.in other parts of the country tenants move a ton.. are tougher on the homes.. bigger credit risks IE don't pay and it can take more money to turn them over  and longer time finding new tenant.. so it depends.. but 50% is a good rule of thumb if your having to hire it all out that's for sure. 

My thought was to have one splash of color in the kitchen (the counters), and do neutral colors (white, gray, ivory, cream) in the rest of the kitchen.

I will use existing rental income and income from my other business (ice cream shops) to fund the repairs needed.

When looking for someone to rent a room you won't get the cream of the crop in most cases.

I have sceen and known about people who can cross the busiest high speed highways without getting creamed by a fast moving vehicle but just because there are others that do it does not mean I am going to try it. 

Too bad, they used to be the cream of the crop, but have since sold their souls. 

You will not be getting the cream of the crop below 75-100 units as there are hardly any economies of scale.