If I were to come into $1,000,000 I would look for a property that is 45+ units in size with a "B" upside potential after moderate improvements (new appliances, new hardware, lighting upgrades, new flooring, bathroom updates, etc.).However, if I could not find a suitable project that size, then I would look for 2-3 properties that are the current size I am used to working with.

You develop the labor list and you send tradesman as needed to the project.To operate like the above, you really need your own money, like 150k - 200k+, or you need a PML that can step in and be your wallet on notice. 

Kitchens are the same way, make sure everything works, replace the faucet, make sure pipes are clear, flooring, clean up/refinish cabinets and add new hardware makes them pop. 

That means pulling weeds, tidying up the yard, and repainting if the exterior looks like a neglected property.As buyers approach, the front door should look fresh—repaint it if needed, and make sure the hardware is clean and polished.

Offer to run errands, make hardware store trips, bring capital to the table etc.

Purchase price: $152,900 Exterior Improvements➤ Mailbox install, roof pressure wash, ramp removal➤ Smart locks on all exterior doors➤ New HVAC system with cage➤ Crawl space vent & door install, window functionality ensuredInterior & Safety Upgrades➤ Full interior paint (gray walls, white trim)➤ LED lighting throughout; smoke & detectors added➤ Deep clean, blade plug, fire extinguisher installed➤ Damaged doorknobs replaced; security system removedKitchen & Bath Renovations➤ Painted kitchen cabinets, new Formica counters, Hard wood flooring➤ Second bathroom addition in laundry area➤ Master bath: new vanity, resurfaced tub, LVP flooring, exhaust fanGeneral Repairs & Touch-Ups➤ Weather stripping, attic trim, drywall touch-ups➤ Tree limb removal, door painting, door hardware updatedStatus: Turnkey-ready, fully modernized, excellent rental appeal Nice!

That’s a big deal, and it could make your next move a whole lot easier on your wallet.2.

Is that enough information for you to run to the hardware store and buy a shovel?

It saves me a bunch of money and time.In one of the towns the only hardware stores are Ace and True Value.

That’s not terrible, but it does mean you'll be feeding the property from your own wallet, at least in the short term.