Just be aware that cheaper properties tend to be:Old and require lots of ongoing repairs.Old and many repairs would cost more in order to bring the property up to codeTenants from on the lower end of income that tend to have more challenges paying the rentHigher vacancy and tenant turnover Higher frequency of evictionCheaper properties are more difficult to finance (for your future buyer) due to the higher cost of the loan relative to the loan amount.Price appreciation is minimalMany investors do not factor in the eROI (emotional ROI) which means such properties:Will create more "noise" in your lifeRequire more of your time and attention. 

I had an iHome WiFi multi sensor to verify temps, noise and light in the house, but it recently stopped working on my network so I am on the hunt for a replacement.Those are the bare minimums in my opinion.

So if you don't like something they do (noise, decorations, smell), you are hyperaware of it.

I'm talking head down, nose to the grind stone, geek out sessions where we develop in depth and thorough spreadsheet checklists and systems for each process.

It will be a grind, but if you can live frugal (that's important) and consistently invest your income, you can be a full time investor and retire off your income in 15-20 years, or faster.  

I have a zero budget for the most part and need to grind it out to create investment capital.

Also people who stay up late need to get up early so disturbing their mornings with some music/noise is in order and not illegal.

I'm talking head down, nose to the grind stone, geek out sessions where we develop in depth and thorough spreadsheet checklists and systems for data organization.

I'm talking head down, nose to the grind stone, geek out sessions where we develop in depth and thorough spreadsheet checklists and systems for data organization.

While he was looking at our shell he was already talking about putting the animal portion of the business on the opposite side of the property, so furthest from my space, and double insulating the walls, extra ventilation etc....he seems like the noise/smell is something he wants to try and eliminate as his first space didnt do that as well.