Maybe put $900 in this scenario if the units could pull that in their current condition or $1100 but up front reno.

The management expense is usually the cash flow killer for investors, but they are worth their weight in gold when you account for the headaches and cleaning that needs to be done.

Be prepared for a bidding war on anything you find on the market in decent condition/location that's priced below $200k.I know this likely is not what you wanted to hear but it is our current reality.

The problem you have is; if you really want to know how well the heating and cooling system is, and the condition of the roof, plumbing and electrical system then you need to hire a plumber, electrician and roofer because believe it or not general contractors do not specialize in those trades unless they have a license specific for each or any of those trades.The problem I run into when calling contractor for inspections is I get a lot of b.s..

Many will lend on the home despite it's condition, and you'd likely have more favorable terms than going the hard money route - especially if you're planning to planning to claim this as a primary residence and move-in. 

We have language in our leases that it is the tenants responsibility to maintain the landscaping in the same condition it was in when they took possession.

In my market, this should get us somewhere between 4-7 units, depending on the submarket, condition of property, remaining capx etc.

It actually took care of my analysis paralysis condition and I haven't looked back since. 

The property is in very good condition as we swapped out all carpet and put in vinyl flooring and painted. 

The speed at which they buy depends on market conditions.