However, in light of your comments I have kind of pigeon holed myself.

Haven't seen interior yet except peering thru windows but estimating about $35,000 to uncover and refinish hardwood floors, replace some windows, paint everything inside, lite kitchen updates, some new appliances, and light bathroom updates...budgeting to replace one boiler immediately.It's up/down 3 bed 1 bath on each floor, would rent for about $1400 per side in as/is condition, but could fetch 1750 per side if updated.  

Honestly, the answers given thus far are the best in light of the absence of information in the post to give better direction.Let me add some additional thoughts to those already here:In regards to the Attorney Contract.  

I know if you go just another mile west it does get pretty bad.I too think the rent of $575 is a little on the light side considering landlord is paying water for 3bed/1bath.Shawn what do you think of the area?

You should definitely take that into account.CapEx Reserve - all those furnaces and lighting and flooring will eventually need to be replaced. 

may need to update1st Floor Front Door needs replacement Kitchen Tile Flooring Appliances new Sink, cabinets etc Recessed lights Bathroom Update flooring, vanity, toilet Fix ceiling in family room Flooring in family room (engineered hardwood flooring) New electrical panel (200A) New back door to kitchenOutside Roof has shingles missing from the weater either replace or repair.

Considering the nature of insurance companies, the Federal government, and the fact that we are doing exactly S#IT to combat climate change, I have to say it was a prudent move.

I am looking for a good RE Investment club in the NW Florida area. I've found 2 online: The Marion Count REIA that meets in Ocala, and the Citrus Realty Investors Group that meets in Crystal River. Has anyone heard of...

Perhaps they are just light on work at the moment and wanted to insure that they got the job. 

Essentially you could combine/cross all assets which are held in title to the same entity such as all the IRA properties or all the properties held in your natural name, like your primary residence.