Becoming knowledgeable about a sector or sectors or geographical area (s) and limiting your investment to those sectors or areas3.

From my research so far and conversations with a couple property managers it sounds like there is more upside on the STR/MTR side of things however it doesn't seem like Denver's government is very friendly to the STR/MTR option. 

Our approach for implementation is to break all repairs into 4 categories by priority:1) Health & Safety - most important as could result in tenant lawsuit2) Property Preservation & Government Requirements - don't ignore a roof leak that costs hundreds to fix now, but will costs thousands in the future.

You are talking about government and using the word " Normal"  ?   

Your doing work is governed by your contract with the seller, which obligates you to put his interest above your own.The seller's broker will never have to do the buyer's work.

BTW, in regards to Experience 2, have you considered filing a complaint with the state board that governs the title company?

Why didn’t you mention the government can tell tenants they don’t have to pay rent for two or three years?

This is the largest private-sector investment in Ohio history.

They are 1-4 family residential, government subsidized (through Fannie Mae) loans.

No wonder so many owners stop paying taxes on them and just let the government take the lands.