I was not as worried about the purchase price vs the current value as the property cash flowed well, rented easily, and the land would be valuable in 5-10 years when the zoning changes, as the lots boarding on 2 sides have already been re-zoned.

That is my 2015-2016 to make sure that everything is assumed easily in the case they are incompasitated or no long with us. 

I use a property management company to handle the day-to-day operations and so I only use a simple spreadsheet to keep track of my revenue and expenses month  by month (with a year summary to give my accountant).I can't remember where I found the spreadsheet template (i think i just googled it, but you could easily re-create something like this).Hope it helps!

Instead of Village View Apartments, it could just as easily be "Village View Apartments, presented by Taco Bell" or something similar. 

I asked her to check on a duplex I was considering that was trashed but otherwise structurally sound and can be easily turned around.

I see the nearly 30 long minute video and think "Oh man, this is gonna be a guy that goes on and on and on" where as if you were to do shorter videos, 5-7 minutes long, I can skip around probably watch just as much, and more easily find the snippets that really stuck out with me.

You can easily find yourself with an equal or worse deal if you can't perform in the 45 day limit.I'm personally a huge fan of @Doug McLeod approach, if you have the knowledge and time.Do You Need Cashflow?

You could easily do high capital flipping for high profits (but high risk too).

I would act as the general partner and be in driver seat while the partners would be "silent" and only be putting their money invested at risk.

The kitchen is in the middle of the first floor enabling it to easily service both front areas and back yard.