But those expenses can be recovered very easily with referral commissions where you can make $500/hour and up.  

If it has some normal damage ( nail or screw holes from hanging pictures) it can easily be repaired.

With that said, you can buy below market value pretty easily, so appreciation is not as big of deal.

I KNEW that property was worth in its current condition 100K EASILY but I told him I would have to pass and only ended up buying the other house in the not as great area because I was scared about the overall condition of the first house and I didn't know what other huge problems might have been lurking that I wouldn't have been financially prepared to tackle during the renovation.

You can easily install a header across.

People can easily break bulbs when they carry stuff; code officials in one town where I iwn rentals won't pass an inspection with those old fixtures.

If it isn’t your house you can lower your monthly expenses easily a few hundred bucks a month, and since it isn’t your house you can be flexible to move into your deal as you find it.

That makes sense and if the situation happens where the charge back is larger than the security deposit and I don't get paid by the former tenant, that is easily tracked for a year end write off.  

Invest it all into a TSP (military 401k), Roth IRA, REIT's and an online savings account that didn't provide me with a card I could swipe or an app I could easily open up.

He said that underwriters will reject the loan and its not worth the hassle to now add her name to title and later remove it because refinance costs money and unless you are not separating/divorcing - the other reasons are not acceptable easily.