I also learned that a similar apartment (same layout, different floor) was sold in this building in June for $280k. in July.

To anyone else reading, this is why you lay out terms at the beginning o a partnership.

The lower end ones goes without, mainly because I pay for water and the kitchens are too small with the layout the kitchen has.

You are asking people to lay out the pros and cons, but I don't see the pros.

What I would do, and you should do, may not be the same thing...and they probably aren't.1 - you need to establish what you financial goals are, as they pertain to your monthly payments and your total personal debt.2 -  you need to lay out a series of Milestones, with the order and groupings based on your ability to go from one set (Milestone) to the next.3 - you need to establish a property profile for flipping/holding that is based on numbers 1 and 24 - Then, you need to find the right Micro-Markets that are filled with properties from #35 - Camp out there, and work your way through the Milestones until you've executed each one.It's likely that each Milestone will demand a different Property Profile since you will be working with a different set of goals, and a different set of financial capabilities. 

.- I do all my own marketing, social media, listing vacancies on websites, etc (we are at 0% vacancy)- I have intimate knowledge of all previous maintenance and the layouts/highlights of each unit, relationships with subcontractors, and honestly I have personal (PROFESSIONAL) relationships with each one of my tenants.I'm sure I could think of some other benefits to hiring me.

One was on a nice street, had a nice layout, and didn't need that much work.

Hey all,I'm coordinating well and septic inspections for an REO that's been winterized and am hoping the good folks here at BP can help me lay out the steps in the proper order.So far I have my contractor ready to dewinterize so the inspections can take place.

If the tenants are desirable, then we set down with them as the earliest possible time and layout a schedule for bring their rent back in-line with market.

If you have the right subfloor for tile, or are willing to replace what you have with what you need (plywood, hardibacker, additional labor), tile is the best product.Search youtube and BP for installation tips, but the basics are:-level, 3/4" subfloor - no movement (sometimes requires shimming or replacing joists)-layer of hardibacker or cement board -plan and play with your start/end points and layout with tiles before mixing any thinset/adhesive-aim to avoid "skinny cuts". try to have as many whole tiles and half tiles as possible-for floors: use a thinset (mortar based) product to adhere tiles to floor-for walls: use the thinset OR pre-mixed glue adhesive to adhere tiles to wall-after proper dry time, mix grout and apply to all seams.