The square foot area of the basement is about 900 and about 1/3 of it has concrete but I am wondering if anyone has an idea of what it would cost to put concrete into this basement as the first step towards finishing it?

They will Jerry rig everything and do it the cheapest crappiest way possible if they are footing the bill .

I feel like this would be a great way of getting my foot in the door of real estate investing, so that I can eventually build a portfolio of my own rental properties. 

Rental cost per square foot would still decline, but these things are simply not what they use to be and never will be again. 

Bingo!

I imagine it is expensive to try and move a 1,000 sq foot property but I also can't imagine an investor can't make some money out of a house when a seller has a deadline and is in a situation where they don't have any other options to sell the property. 

Hi Monte, returns are certainly better in Greensboro than Chapel Hill (meaning per square foot prices are lower in Greensboro) so if you are trying to get in the door, would suggest trying Greensboro.

Just looking to get my foot in the door.

I believe starting off on a small, honest foot can lead to effective collaboration when the time is right.

Would it be worth more than your average 2500 square foot SFH, or less?