"You can't find good tenants in cheap properties."

Some places are cheap and look great on paper, but reality is very different as they have higher turnovers and more problematic tenants...they also don't increase in value as much.

I have heard your thoughts on investing in cheap Midwest.  

at $5/lead, do any leads close at $100/lead, do the leads close, it might be worth far more for good leads, than just burning money on cheap leads.4.

@Nubia Silva seems like relatively cheap repairs so I would advise to not make an insurance claim if you intend to expand your rental portfolio.

they are the #1 tourist destination in the Caribbean, nice beaches and condos are extremely cheap...I personally would not buy a house in a hidden gem that no one knows about....that just sounds like low occupancy and low prices to attract people.

@Ashish Wa you always end up getting exactly what you paid for.You should only go cheap when YOU know exactly what you are doing.Newbies trying to save pennies, almost always cost themselves dollars via their mistakes.

Even an agent won't typically do these unless you hire them to place a tenant.You seem intent on being cheap, thinking you have to be to save money. 

Expenses are extremely cheap for it as well compared to my other units. 

Do you throw it all in at once or dollar cost average over time to mitigate risk?