One block can perform very well, and another block will destroy you.Before you invest, I recommend you locate a quality PM that can help you narrow down markets, determine which rentals perform best, cross-check sales prices and rent rates, and take over management right away.The biggest mistake you could make is to get talked into buying in the wrong neighborhood and then learning that the good managers won't touch it. 

Sure grandma's couch is out there but so are lots of quality, stylish furniture that people need to get rid of because of downsizing or moving.:)

You need the ability to do something with those opportunities doing rehab work and you need to be able to execute with professional quality property management. 4.

Good to see people creating high quality rentals. 

To be fair this GC has his estate home next to my project and he did not want to see starter homes going in. we build semi custom highest price in town .. so there was quality of project that also interested him.. this would be a rare event out in the market..

So with mailers, you will ALWAYS target low-quality leads, because the high-quality leads, motivated sellers, do not wait for your mailer.Read my post here:https://www.biggerpockets.com/forums/93/topics/1215116-all-i...If you have more questions, ask away!

An email marketing funnel for re-booking is nice, but it's barely keeping up with the year over year decline in rents due to saturation (quantity saturation AND quality saturation) and shifting travel trends.  20 years ago your hot tub made your listing an all-star. 

Hell, having laminate is better than having carpet carpet imo (assuming good quality of course).

I specialize is finding unique solutions to novel problems and have a robust team/network of quality contractors.

Contractors also want to control the quality of materials going in, and a client wanting to save money might get a lower quality that could affect the end product, and cause problems down the line, reflecting on the contractor.