I'm finding it difficult to get started as there aren't many options or deals popping up.

The opportunities for several different kind of strategies within city limits are rapidly increasing.

You should increase your frequency and/or refine your list!

(Bloomberg) -- Real estate investors could be in for a shock if interest rates rise or demand in some markets continues to fall because “amateurs” are plowing money in at high prices, betting on rent increases that may not continue, said Tom Barrack, the billionaire chairman of Colony Capital Inc.

Is there room to add more bedrooms to any of the units to increase rents?

If keeping the ground rent in place will actually increase our depreciation amount, if seems we would be best served to find another (in-state) lender.Gary Fisher

The second part is to do a ton of research and see if the rents have also continued to increase over a long period of time...again it's probably safe to assume they will continue to increase.

I know choosing the right Property Management can be a difficult process, make sure to interview your Property Manager first.

I do not flip but I just do not see the numbers working for a flipper unless he can do more than a rehab (i.e. add a second unit, etc) to increase the value.Good luck

This method won't increase my monthly cash flow much in immediate future, but as loans are paid down and hopefully appreciation occurs, my overall situation should improve dramatically.