I am going to an extended family function in LA & SoCal.

Consider the local rental market - will a functioning pool allow you to get higher rent, or a better tenant?

Less people ( families) will find a 2 bedroom functional for them.   

Familiarity with the process, vendors and their functions, documents, local laws and REI terms by going through the process would be beneficial. 

I believe this would provide the quickest and largest ROI if done correctly. 

You might benefit more from looking at the experiences and investing habits of high function professionals like medical professionals, professional athletes and successful business folk in other time demanding fields.  

Two things to help you find more people:1) Use the search function on BP and read through old threads.

Blackstone Group is the largest private equity company in the world.

Thanks for the Info, for me unfortationally  all my properties are located in the largest county Jefferson County and they love to put out of state big investor companies so they can put the extra money in their account and if you get behind on the propert taxes 1 year they require that you pay the overbid interest amount AND THE NEXT PROPERTY TAX BILL TO REDEEM,That's a big hard ship on the common resident to come up with 2 years of property taxes and Over Bid plus 12% interest dailyBlessings to All

It's all a function of the value-add. 6 Cap is not a cash flow proposition on the surface unless you can get it up to 8 or 9.