My brothers and I have gone into rental properties in a small way. In 2008 we bought the first one and we sort of bumbled our way through getting it ready to rent out. Next year we got another one and we did a bit better. After that we have been doing things better and now the three of us have 11 rental house and we have already sold three others to provide the funding for more purchases. Renovation is a big expense and we are looking at the products of Kitchen Magic as a way to quickly and efficiently redo the kitchens.
From reading on their web page it seems like a really great idea and they do offer a guarantee which lasts as long as you own the home. I am ready to try it now, but Bart and John want to do more research. They claim it is a bit too good to be true, but I do not see why you could not execute the idea well if you spent the time and money on development.