Examples can go up or down depending on rehab and buying preferences.

Because that's still their lease and the lease you are taking over, even if they are month-to-month.For example, on a month-to-month tenant, I can serve a 30-Day Notice to change an item(s) on our lease. 

Your situation is a very good example of when NOT to do it yourself.

It gives them a fresh start, and also documents any current damage/condition of the place for when they move out.

Owning and operating a property management company is a huge complement to owning a real estate; owning a bookkeeping or CPA company that serves real estate investors; a construction company is another great example of a small business.Again not sure where you're heading with your question, so hard to give a precise advise. 

Let's say, for example, I'm looking at a SFR with a market value of $300,000, but my numbers don't work above $250,000.Now, a $250,000 30 year mortgage at 4% would run a little less than $1,200/month, with total payments of almost $430,000!

For example: Say you, as an individual, can only spend $100/mo on marketing in a given zip code, you might get one lead per month, which leads to one new listing or sale per year (assuming an 8% conversion rate).Now, say you team up with two other people, and start spending $500/mo*, which leads to 8 leads per month.  

For example if the loan limit is $400k and you want to buy a $504k property, that'll take $26k down.

So for example, Reece owns 10 percent of 999 Holdings LLC as a member.

Example: you pay off your mortgage (quickly).