We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.

I had more than one title claim because a title examiner wasn't aware of the difference between a foreclosure and a DIL.

It's a low barrier to entry and a good option for you, I would highly and I mean highly recommend you focus on location.

Placing a deal under contract in Henderson and a few fix and flips .

The cheap houses are tempting; however, if we're on the other side of the greatest run up in home price appreciation in my lifetime, and a property can still be had for under $100k, the appreciation upside is going to be very limited. 

These are professionals with additional training and a stricter code of ethics.

This requires doing math, patience and a learning curve.

From one cow versus 100 cows trimmings, and a $1pound cheaper. 

Still have a lot to learn and a lot to ask before I'll be ready to start though. 

But more for you so that you are not left with a lot of money out and a loophole for the other partner to get out of the agreement and not have anything to go after them on.