Just work backwards to determine the amount of cash you need (personal savings or HML, or combination) to do a BRRR in your market. 

You definitely were right on with the chic modern look!

Previously was using Quicken, both personal & business combined (bad idea!) 

Kitchen has white laminate in okay condition, kitchen and bathrooms have wallpaper in bad condition, one bathroom has slightly rusted light fixtures, the grey wall paint is either gloomy or chic (you choose), backyard has patches from the dog, master bedroom has a weird wood inset, garage has a big dent in the dry wall where someone's car hit it, Where would you invest to make it feel more clean and modern?

I was making $57K a year when I retired and my social security income of $21,600 and the combined rental incomes of $35460. totaled up to $57 K and change.My wife retired in December of 2014 and as part of her retirement she got a one time distribution of $80K in an IRA, in addition to her monthly pension.

It's about understanding how recycling capital can exponentially grow wealth, when combined with cash flow, appreciation, and shopping smart. 

A rarity in modern times. 

Lenders use a combination of equifax, trans uniion, and experian.  

I can count on one hand the number of times I've done it, it's a VERY niche combination that I stumbled upon. 

Is it possible that any 1920s era homes that have been "modernized" don't have an electrical system with a lifespan of nearly 100yrs?