First, you need to build up a solid relationship with a hard money lender ahead of time so you can hit the ground running. 

Just a heads up that Bruce Norris is speaking at SJREI on September 13th.

I have given many references and even book options for case law and code statute and even said go ahead and email me and I will send you additional 40 +page summary just on the LLC with caselaw and codes etc from some of the best AP Attorneys in the nation.

ARV is $230k - Needs 60k in repairs (built in 1976)2.

I've been doing home repairs my whole life, but know when to call in the professionals and am not ashamed to do so. 

During our first 20 years of owning, managing and doing all repairs and maintenance ourselves, I never formally evicted anyone.

Hopefully I can help out some investors in the area by bringing in some deals and maybe even help with estimating repair costs.   

I used the standard 5% vacancy, 5% repairs, 10% capex, and 10% management. 

and the number one reason is the neighbor has a case of NIMBYso what I always did was prep the buyer ahead of time.. 

While I don't believe tech will be the end to residential realtors, I do think that whatever you do, it would be wise to adopt and learn new relevant RE technologies along the way to stay ahead of the game.