I always subscribe to this model but would emphasize it for others given our position in the current economic cycle.

If instead they are a bunch of tenants with broken business models that the seller stuffed in there just to sell then you should stay away.The fact that the lease rates are much below close properties makes me suspicious. 

I know there are books that try to teach business how to apply that same military model and how to make it work.

You'd be surprised at how many of them are aspiring to become investors :)

Learn the difference between inspiring and aspiring..

Redfin just released their future business model today, albeit only in BOSTON right now.

I could tell you personally as an investor I was never more stressed ,more busy and lost more money due to owning these properties and as a management company I can tell you that did not change the challenge of these properties is they are very high time intensive type business models and if you were not there to be hands-on to deal with the older properties ,higher maintenance ,month to month type tenant mindset you will not only lose money but the personal stress level you will endure will make your whole real estate experience a negative one We got to the point when we were unloading are low income properties that we actually had to come to closing with money but we did that because we no longer wanted this to be our problems.Just make sure that if you do move forward and buy these properties that you’re buying them with the strategy they will align with your future goals find a deal because you think it’s a deal if it doesn’t not align with your goals it’s not a deal it’s a diversion from focusing on why are you involved in real estate.I know because I learned this first hand and it was a very expensive and stressful mistake that I would not want anyone else to do them selvesWe have 50-60% of our investors Come to us from out of state and even though they start not knowing anything were able to help and guide them by being on their team to give them the right advice so that they understand why they’re even doing this before they ever actually buy

I’m a aspiring real estate investor living in NYC.  

@Kara Beckmann The best way to approach this would be to put together a complete business plan including a financial model.

I currently work as an internal auditor for a F500 and am aspiring to build up a portfolio of properties in the area, over the next few years.