Something good to keep in mind too is to keep a contingency in your budgets to ensure you've always got enough funded for the rehabs.Once you get a few under your belt then your LTV's will be higher and your rates will be lower.

Eliminate debt, establish a budget, and save.

Communication is key, be very clear about what your scope of work, budget and timeline is for project.

Could look at Food Truck rental spots. 

Yes I agree the strategy relies on these promo rates, similar to credit card hopping, but I'm not gonna become lax in my lifestyle/budget or reduce my payments to the minimum interest owed, I'm still going to pay the same amount per month I was paying previously but the payment will go a lot farther in terms of making a dent in the principal.

Some of those low income tenants have a limited education and budgeting skills so need much more hand holding.

Buyers agents may start to get more creative on the payment of their services by offering a la carte pricing, flat fees, and hourly services to better fit their buyers budgets. 

Project Parameters:Flips only, no buy and holdResidential onlyCost to Value (purchase and rehab budget) to be around 70% of ARV or belowProfit is shared at 50% (after costs, deposits and fees)Properties must have $50k profit or morePrefer homes in suburban areas with area population above 100kMost projects approved will be flips, wholesaling to our network is considered as wellSales contract should be in your name and assignable (we can make it work if it isn’t)Please include the following information in when submitting a project for evaluation with our funding group:-Stage 1-Initial Project Submission.

I can usually save a decent amount, especially if I keep eyes out for deals and buy when these items are priced most competitively and not necessarily when I need them.Using the bathroom remodel apartment as an example, I will spend $1,500 more per unit than most of my competitors who renovate in the same market but that $1,500  (5% of my apartment renovation budget) gets me  oversized soaking tub in most units, nicer tiled bathrooms, counter tops that don't look like every other apartment in the neighborhood & a step up in appliance package and better quality fixtures.

Assess your savings, budget, and eligibility for homebuyer programs.