It's cheap and it's easy.If you want a copy of what works, give me a shout and we will get you a copy.

Their whole goal is to buy your house cheap enough so that they can then turn and sell the Contract to an investor for a mark up. 

1) you don’t need/want an LLC2) get a $2M umbrella, super cheap and covers you when you ar responsible for the lawsuit, not the property. (90% of the time.)3) get a VERY good PM, you don’t want a professional tenant living there for a couple years without paying rent.

I don’t expect to be someone that finds incredibly cheap deals that become worth double what I paid.

This is because the properties are cheap enough that landlords cash flow immediately, and they also get to enjoy the perks of having the college students around. 

You sort of end up looking like a cheap skate, crappier rental if it isn’t working though… to a renter.All the best!

He then sold the lots cheap to homebuyers, negotiated with a lender to provide mortgage financing, and teamed with a builder who would build simple, inexpensive homes.

I do no think they add any rental value and most patios would not add resale value as they are a cheap easy addition.

They are cheap enough on amazon.How old is the carpet and how big of an area is it?  

OLD stock yazoo clay and houses that originally were built as cheap as you can build .. of course not all but a vast majority of what you folks buy for cash flow rentals.then  on top of that a VERY tough tenant base and that market can really frustrate folks I owned over 200 of those and the happiest day of my life was when my partners bought me out for 4k a door.. done gone and good luck lOL