These are typically sold owner occupied and I know of two cases that did not end well because the owner was not willing to learn or capable of proper management. 

Properly sourcing investment opportunities involves a lot of work and is far from passive. 

I recently have a new tenant, and when rehabbing I installed a bathroom mirror with a backlight, that had a glowing ring on the mirror that is used to turn the mirror on/off.

For her we installed new flooring in bathroom.

I have a flat roof rental in the southwest that currently has evaporative cooling.  I'm looking to replace roof and  upgrade to a combo unit and wondering in which order to have work done.

It really doen’t matter all that much except for that’s where you should start researching and building your network.Right were you are is terrific just because you are located near a military installation.

You won’t be able to just slide it under after the tile is installed. 

If that's the problem here, it's worth asking the building department whether they would allow the separate third floor unit if you installed a fire escape ladder outside one of the windows.

The “cost of the water” if someone floods their unit is miniscule.....compared to the costs to repair that/other affected units.....which is why you have proper insurance.

Funding, as little as personal money as possible, proper invoice handling etc.