I didn't know those markets nearly as well, no strong connections with people to help on the buy-side, renovation, management, or when the S hit the fan. 

https://www.investopedia.com/terms/s/section1245.aspThis question wasn't just about $2,000 carpet but also $1,600 granite, $800 ceiling fans, $400 recessed cans and more which were multiple items as different UOP which were part of a $18,000 rehab which thanks to DMSH expensing can be expensed and "forgotten".

Jonathan,I am personally a big fan of Roth due to many tax advantages it provides.

The cool color changing LED light and fan is now in. carpet has been installed in the bedrooms and they are wrapped up. 190-2Carpets are in the bedrooms The hall is in primer and should be painted shortly.

Personally, I am a fan of being risk aware more than reward driven.

I can say that regardless of city, I am not a fan of ever buying a house for $50,000 that is being marketed by a Turnkey company.  

The kitchen is dated, all the bathrooms are dated, and ceiling fans.

Also you could have a trusted team but if the s*** hits the fan, the team may not be up to the task.

I'm a big fan of velocity. 

Hey BP - Big fan - but new member though.