Just make sure you get the story on those properties from local investors before buying.

I’m interested in a dilapidated 3-story brick shell and would probably need $300,000 to build it out.

RE returns shouldn't be measured by percentages because the percentages don't tell the entire story. 

It'll be spread around seven times as much as you'll be the nasty guy who's getting too big for his britches.

I have one for an individual triplex, have an option on another empty lot, and own 3 contiguous properties with multiple lots that can be split or combined for up to a 75 unit/6 story building and in between so it's a tactic of mine to have projects in the queue and be able to hold/do something in a year or two once I clear past the capital gains timing. 

Anyone else have recent problem-guest stories they want to share? 

Young investors seek guidance from more experienced investors, they do not seek worthless story time posts like you were able to accomplish.

Long story short - they went up to the roof and basically just put some plywood and insulation down to shore up a sagging area and installed some membrane over it(2 hours of work).

Thank you for sharing your story it is very inspirational!

Long story short, is very very veeery tenant-friendly.