Just drive and knock on doors with no money or experience and you will kill it.

Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?

Thanks Yes simple, you have it inspected by a led cirt guy, 500 per door.

While I've been able to get out of my W2 after acquiring 30 properties, I've learned that you still need to generate some sort of active income unless most of your doors are completely debt free.

We have 5 long term rentals, 7 doors and have also been at this for a little over 3 years. 

Adding a door on the shorter side also gives tenants layout options for storage.

If you reimburse now, you may be opening the door for future reimbursement requests in the future.This doesn't meant to ignore reimbursement requests such as this, but it's something to consider.

Your automation metrics will depend on your scale.It's one thing trying to automate for around 10 doors vs 700 doors.

I manage about 65 doors in Tampa currently. 

I have close to 100 doors, thus I will pick up something even if it is barely cash flowing so that my other cash flowing assets can pay down the mortgage reasonably quick.