I never meant to strike up a conversation about marriage 

.$150,000 * 20% Down Payment = $30,000Make Ready Cost = $30,000Total Cash out of Pocket = $60,000If I had bought the Property at $200,000$200,000 *20% = $40,000Make Ready = $0Total Cash = $40,000 (Or $20,000 less)The other area that is subtle is time to Cash Flow as my Cheap Property approach meant I could lose up to 6 months+ of rent if I bought the cheap property for 150K that was tenant occupied and paying under market. 

And by "riding shotgun", he meant, literally, riding along with a fully loaded shotgun in hand.

Thank you for reply, I meant from an investors angle, I am investor looking to do lease options 

When she didn't call they 3-day'd her and they guessed she thought that meant she was already evicted because she  got her stuff and left that day.

If you meant 3 years, then I would get a loan that doesn't have a prepayment penalty after the third year.Interest-only loans can help you cash flow while performing renovations during the first few years.

I meant it was overkill on the number of numbers used to analyze it. 

Driving the neighborhood is an easy way to do this... if you see a bunch of dumpsters in driveways and on the street where renovations and new builds are happening it is pretty safe to say that area is hot.Here are a few links that may be helpful:https://destinationgno.com/https://www.nola.com/neighborhoods/2015/04/new_orl...https://www.nola.com/300/2017/07/where_yat_good_qu...This one is meant to be funny, but it is actually fairly accurate:  https://judgmentalmaps.com/post/98323841965/neworl...https://nola.curbed.com/maps/new-orleans-neighborh...https://www.neighborhoodscout.com/la/new-orleans/r...https://realestate.nola.com/realestate-news/2018/0...https://www.theadvocate.com/new_orleans/news/artic...https://crime-heatmap.herokuapp.com/Good luck and happy investing!

Sorry, meant to say joint compound. 

Wills are meant to be probated.