These are commonly referred to as C classOrder a third-party property inspectionMake sure the property has been rehabbed to turnkey quality that will maximize your cash flow (roof and HVAC updated, ceramic tile it kitchen and bath, vinyl plank hardwood in high traffics areas, durable carpet installed in bedrooms, external fences and buildings addressed during the rehab, supply hoses replaced under the sinks, etc) otherwise your cash flow will go to maintenanceBe skeptical of the one-year tenant warranty, that just means the turnkey provider is making a abnormally large profit who uses gimmick marketing to secure investorsVerify rent range through other property managers, Craig's list and ZillowAsk if permits were pulled during the rehabIf a tenant is in place, ask to see the tenant fileRemember, you can fix the house, you can fix the tenant, you can fix the property manager, but you can't fix the area.  

I'd pick houses with power and water so you have a working bathroom/kitchen.

However, two years ago we did a major remodel of our kitchen - $15-16K - and more recently have updated our bathrooms  - $1000-1200 - (new toilets, floors, fixtures).

I am interested in acquiring my first property, but it has some variables that are not ideal:1 BR/1 Bath and not expandable, needs full kitchen refurb, new roof, minor interior work (paint and floor covering)My main concern is the 1 Bed aspect as that puts me in a small niche of buyers.

Are the controls for the kitchen range on the front within easy reach (such as with most gas ranges) or higher up to the back (as with most electric ranges)?

I'm sure that has happened in the past because the ceiling of the kitchen directly underneath that bathroom has water stains.I would like to just remove that vent, close off the ductwork and tile over it.  

Sale price : $210k (Duplex built in 2005 and 2 open lots  of 6000 sqft next to the Duplex)Repairs : $15,000 (Foundation issues, replace carpet with tiles, kitchen upgrades etc)Rents : $2000/month (each duplex unit rents for $1000/month) : $24000/year.

We've remodeled two kitchens in our own homes and we are beginning a bathroom update in our home now.

Are they throughout the kitchen and living room?

I have used my friend and contractor Adrian Hernandez to redo all of my floors and completely remodel my kitchen.