Rehab ok as long as the price supports the ARV.

I learned quickly how awesome the community is Everyone is very helpful, supportive and encouraging.

Since tenant moved out I charged for cracked window, lock changed because i did not receive them until the 1st, paint because of discoloration of walls from grease in kitchen only.

Not every market will support this sort of return.  

@David Lopez & @Heather DeGeorge thanks a lot for the good info and support

This $2 million fund encourages Ohio businesses to occupy vacant facilities, building stronger communities and supporting small businesses as they work to create jobs.

I also want to add that I have no financial support other than what I earn (no wealthy family, trust funds, or inheritance) so I don't have anyone or anything to bail me out if things go south.

I'm not sure if your cash flow will support that though.  

Recently I have been taking an accounting course, and realized why the banks pour thousands of dollars into these more distressed"houses", that are sometimes no more than a shack with 4 walls and a door.

There is also the distinction between passive custodians such as listed on the nuwireinvestor page referenced and advisory firms that implement and support plans offering checkbook control.I strongly applaud your desire to have the IRA piece figured out before pursuing opportunities, as that is critical to your investing success as well as IRS compliance.Check out a handful of companies, both on the passive custodian and checkbook control side of the equation.