Pre-habbing and fix/flip is probably the better way to go in near term if you have the skills or have access to good contractors.

Their commission will be 1600 or so and you need them to have special skills.

That agent should have good communication skills and be willing to preview these homes for you.

Yes, get a niche, (or a few niches) that you gain a higher level of skill in.

This is a marketing skill set.So which bit (s) are you good at?

This is because we all have unique gifts, skills, fears, and locations that effect us differently.

Hey All, Maybe I'm getting a little ahead of myself but a 12 unit apartment building went on for sale ($1,375,000) right down the street from me and I'm super interested.2015 yearly expenses of about $14,500insurance at $8000Sewer $2000Water and trash: $3200ADT and Rottler $900Currently all units are leased at an average $975 a month (I think I can get this to $1000 based on its location next to my medical school and 2 large undergrad campuses)I'm extremely good at finding tenants as I have connections all over STL and have lived here for 22 years of my life, but I"ve just bought 2 rentals in the last 4 months and am under contract for a 3rd right now.

Rochester currently has a $5 billion city/state/private investment project for the Mayo Destination Medical Center going on.  

Tenants pay electric and water and I pay for yard maintenance.I had a realtor evaluate the property and they said the current value is 310K.I do not think this huge ARV is based on my my incredible renovating skills, rather I think I just got very, very lucky in nabbing a bargain.Below are some before and after pictures (I do not know why they are turned on theside, sorry).

Like buying a property or lowering your cost of capital, you know "financing" stuff.I also keep thinking that "creative" means different than the norm, something unique, something different, something that can be employed with a higher level of understanding and skill.