There's a reason listing contracts and purchase contracts are so long.The challenge is investors are NOT business people and are too cheap to hire an attorney to review a Property Management Agreement/Contract!

I see these incredibly cheap prices on some great "looking" places (who know's what's behind the curtain and under the floorboards), but don't even know really where to start.  

I think that it'd be a great selling point as a cheap anniversary retreat or a weekend getaway for a couple. 

Which is about 3 months of rent but i can deduct thay in my taxes against rent.Or are you guys using Heloc as I won't be able to deduct that from my rent is what I read.Also is there a better way to find lender with less fees for closing for cheap investment rentals.Currently I have 5 rental. 2 with personal home mortgage and 3 paid cash so no mortgages.

Now here si the thing, cleaning is CHEAP, paint is CHEAP, taking good photos and video is CHEAP....

Joe, it looks like you're in Detroit.Lucky for you you're in what I firmly believe is the most unique and interesting market in the country today.Detroit is going through a huge revitalization, most folks don't understand it yet, and properties are still cheap as a result.Start doing your research on the city and making some moves in the city.

There is a MOUNTAIN of FREE and cheap resources out there to gain all this knowledge, the trick is knowing where to find it and to identify which is legit and which is BS.

A number of cheap homes in less desirable areas will look great on paper, but in reality they are not. 

The barrel is a bar cart on wheels I think they call it which I will use as a wine and whiskey rack which is cheap to do.

But, it makes the "guru" rich telling people it's simple and cheap.