I'm a former engineer looking for a career change and I've decided to go head into REI.

@Beverly Rogers and @Ben Leybovich MY FIRST COMMERCIAL We started on the office space simply cosmetic for now and then saving up some monies for engineer and the legalities. this is one of the mistakes of not knowing what you are doing  and not paying attention to formulas and getting into a bidding war with the past owner!

So as long as you reverse engineer it and back into owning a cash flow machine this will throw off great income for the owners..

You will be able to charge premium rent but NOT necessarily have to spend on all the bells and whistles such as crown molding, 42" cabinets (vs. 36") cabinets, real hardwood flooring (vs. engineered hardwood), porcelain tile (vs. ceramic tile), etc.  

@Jarred SleethI'll be finishing the engine rebuild in the spring. 

Amazon is a great search engine!

They determine value by algorithm w no particular knowledge of market or condition of property, the two MOST important determinants of value.

Being a transaction engineer with all motivated sellers is key to being a REI.Interview the seller.  

I am a student, studying chemical engineering.

Since Google got its start as a search engine, I think that is one of the best functionalities that they have.