Depends on what your budget is but that could be more cash out of pocket & definitely a higher mortgage rate than you would get if house hacking.

My budget is under 60k3.

They plan for them - in essence they budget for them to the point they are listed in their annual report. 

Payroll was significantly higher, entertainment costs, food, utilities...everything was pretty much under budgeted.

However, I was weak in my negotiation and convinced myself into a bad deal. 3) If your acquiring a distressed property with tenants, overestimate your rehab budget.

first, you need to understand what created the motivation for an owner to sell the house, then create the list according to those metricsAlso, you need to have a plan once you get a list, how are you going to get in contact with them It all depends on your budget. 

@Chris Baist You got some sound advice here from @Jonathan Greene I wouldn't try to find an investment to fit a small budget.

I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified.

You should be able to get water trucked in for a bit, but call a few more places to see about getting a well drilled. 

Get rid of debt, build a budget, and save.