Or start with a light rehab BRRRR to try and preserve your capital but you need to really research the strategy on-line here and read. 

I think that is human nature. 

One rental house automation I will add is "if it's between sunset and sunrise and the driveway motion sensor goes off, turn on the stairway, main door, and under house lights, then turn them off 10 minutes later". 

Using other people's money is a tremendous responsibility that should not be taken lightly. 

Charlie Munger, one of the great modern minds in investing, condemns physics envy: the tendency of economists and investors to reduce the the intricacies and complexities of the world to simple formulas and models to resemble the order and predictability of the natural world.

Just the regular maintenance, etc.Problems were minimal at first, just the usual you got to wait 3 weeks for them to inspect the place, and if they find one thing wrong like a cracked light switch plate you are not allowed to fix it even though you are standing right there next to the inspector. 

In order to stay competitive in the market, would one recommend investing their money into making the property look more appealing with new appliances, light fixtures ect or work with what you have?

I like the light fix and flips because you can get in and out pretty quickly and still make a healthy profit.

Check out the beautiful down town with the Sangre de Cristo Art Center, the Arkansas River Walk and Nature Center. 

They'll probably only be tapping into the garage light fitting anyway.