That will help you choose a market as well.How much of a down payment do you want to make?

You choose your own GC which needs to be approved and repairs are done after closing.

Anyone have good luck with the rustoleum product to paint outdated countertops?  

Paint with washable paint so tenants can use a magic eraser to wash the walls.  

Having done 75 buy-sell deals 2003 thru 2010 and subsequently losing my entire portfolio 2008 thru 2013, I've been clawing my way back from a position of no cash whatsoever and remain deeply entrenched in the 'turnaround' via being a painting contractor, flipping the odd house here and there, and as an agent with Keller Williams (focused mostly on higher-end mountain properties).

The units are basically turn key would paint the inside and fix a couple minor things maybe 500 bucks.

Or if you've done a lot of painting and see that someone's got paint on their shoes, you could use that as an opening, etc.It also helps to have a few "canned" conversation items like "how long have you been coming here", "do you own any properties (and of so, tell me about them)", "what did you think of the main speaker" etc.Yeah, they're all gimmicks in a sense, but I think most people do it, consciously or unconsciously, because I think it makes most people feel more comfortable psychologically when they find some common ground to start talking with.Those are just some thoughts.

If the property is built prior to 1978, you need a lead paint inspection, and need to provide a lead paint disclosure to your tenants.

To add onto @Caleb Coats, if you choose to go this route, use an online savings route.

Have it written down and as specific as you can get(ie paint colors, flooring choices, kitchen updates).