3/4 of the units were occupied at purchase, so the vacant one we rehabbed the kitchen, painted the walls and trim, and added some light to the dark spaces.

However, they must work harder/smarter to ensure their identified risks don't actually happen or the impact is minimized.

Vacancies and evictions cost an arm and a leg -I do whatever I can to minimize them.

Once a property was made minimally livable, any rents collected were deposited into the segregated accounts.

In an effort to minimize costs and maximize our learning curve we are considering one or both of us becoming a licensed real estate agent.  

Buy a small multi 2-4 units with minimal dp.

It seems like DC’s rent control ordinance allows for minimal increases justified by increased CPI (Consumer Price Index).

I am constantly striving for a streamlined, systematic process to minimize the hours I spend on this. :)

If you get private funding there will be a loan term (6 months or 12 months for hard money, possibly longer for private lending, but you want to pay it back as quickly as possible to minimize holding costs).

Most downtowns are near streams and flood insurance is a lot for non owner occupied ($2600 / yr for me).I've personally found minimal issues with quality tenants are many are looking to escape the Barre area.