The property needed a lot of love and upgrades, and slowly over the last 2 years I’ve done multiple remodeled and a ton of work, BUT My net monthly income is now 1100 and I’ve increased the value of the property by 200k.

My very first purchase from 10 years ago is the perfect example; while great in cashflow (actually $250 in rent increase per door) has not appreciated at all.

I cannot stress enough that reading a lot is going to give you the knowledge you need and more confidence when it is time to execute.

Lots of deferred maintenance, but I'm confident could cash flow for many years. 

So I would think this is only an acceptable investment property if you either have a value add (you did not indicate a value add), are very confident of market appreciation (I am not at this point), or are vary confident of rent appreciation.I would not purchase it as a potential rental. 

They said everything was ok except a valve needed replacement (concession made).July: Waiting for plumber report since lender required documentation.Late July: Now PM/ seller is saying they found a 'large water leak' and will be fixing it.At this point, I am feeling less confident that the home will be in decent condition.

That's to help others battle confidence issues like I struggled with growing up, referee basketball games, and investing in real estate.

It would definitely be a risk; however, I have the tools and know how to do a lot of the work and feel confident I can find the people I need to help with work I can’t or don’t have time to do in the desired timeline.

I've got the market for it to some extent and I'm pretty confident I could make some good $ on it, at the very least I wouldn't lose anything based on what I'd have to put in. 

Apparently, you just have to try and increase your network.