My market has a low vacancy rate.

. $75k is too low, you can get more @Logan Turner.

You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Quote from @Bonnie Low: Quote from @Scott Meech: Do you the mechanics of having an MTR?

You’ll be able to use a low down payment loan like an fha or conventional 3-5% down loan if you househack versus if you buy an investment property.

They are inexpensive but you will get low intent sellers that youwill need to filter and nurture.Irecommend finding a good guru course and sticking to it, partnering with another investor/or working for one, or have someone on hand that is knowledgeable that you can pester :)

Classic buy high, sell low. 

However, I do see most rentals do 1x rent for a security deposit, so it would be another potential factor in a renter's mind when comparing your listing to another. 

Focus instead on the “low end of the high end,” where gentrification is happening.

If it's below that, Lowe's and HD have some pretty amazing looking laminate counters that do a really good job mimicking solid.