Here are some numbers to chew on...Let's say you wanted to do this ultra-cheap -- low-end everything.

Great responses guys, I knew I was being ultra conservative and needed to hear the voice of reason.That being said, is there usually a corresponding drop in rent prices when the market tanks?

The likely prospect of a new ultra liberal mayor is terrifying for investors.  

Instead of focusing on this ultra small segment of the overall housing market, jurisdictions should be finding ways to ADD housing stock to their markets. 

First is Marcus who from a long time ago keeps saying not to invest at the ultra-cheap property in his city, Milwaukee.

The national bank prefers to loan on ultra vanilla stuff in Cali and in New York and Washington etc.Each bank kind of has their own way they view CRE and their strategy they want to employ based on goals.

We sprayed 2 or 3 coats of high quality undercoater and 2 coats of SW ultra classic.

The benefit of working with one of our agents is that we have an acquisitions team that is ultra dialed in on the market, pounding the pavement 7 days a week turning over every stone and looking behind every tree to find deals (on or off market) that stick out to investors.

You can also become a LinkedIn networking wiz since the average income of members is $100k+ (obviously this is likely skewed by ultra-high networth individuals). 

Be ultra-conservative on the ARV!