We picked up the home for a large discount as the estate wanted to close the deal.

I did a comping analysis and this would cash flow as is and do well with some added amenities I plan to add to it. 

I just had her sign a new lease adding her boyfriend who she is alleged fighting with that starts 1/1/25 so If there is going to be a major issue id like to handle it ASAP before that lease would start. i received the messages at 2am and have not responded to him. 1.

It may not be a bad idea to also be added to a MLS search to receive any new build listings. 

Our first purchases were ones that we lived in and added value while we learned.  

there is an argument to take the equity and buy a large managed property. 

It may not get the number of wind/hail storms like TX does, but when the storms do hit in MN, they're usually very large systems, and produce awful hail damage. 

To answer the OP question, I would be ecstatic in my market in class b or better area if I could purchase break even day1 on cash flow rent ready, or not rent ready where the value added is at least 2x the cost of the value add, at 80% LTV.  

look at Rural Japan its closer and much better tenants you can buy homes there for 40 to 60k that rent for 500 to 700. never a worry about tenant issues like your going to experience with C class US tenants.  800 sq ft is a very large home in Hong Kong if your not living with family and your maid in the same apartment

I just added those 2 podcasts to my list on Spotify, thanks for the rec.