Just like you would have to produce if applying for a long. 

Different people have a variety of endstates for their capital which in turn produce contrasting goals and metrics.With return metrics the why behind them is much more important than the number themselves.

I'd recommend knocking out the exterior and the two vacant units right away and get those units producing income.  

Would you mind sharing with me the SW FL market report that your firm produces? 

The property could certainly go up in value $200k to $300k, and I would also have the potential of renting it as income producing property.   

If you start to search and evaluate deal 30-60 minutes per day you will be amazed at what you can produce. 

However, they're also produced by a sales company.

Margins are tight and milk doesn't pay to produce, I know a lot of farms maxing out their financing as well as investors dumping money into the larger dairys to keep them afloat.

I found a high producing team and reached out to their lead realtor that I was looking for investments in Waco.

I work in financial services and have been investing in the stock market the past couple of years, especially REIT and dividend stocks, but decided to start learning about real estate investing to add to my investment knowledge (and to eventually produce passive income).