Getting $235K in Maple HTS is a hefty price tag unless it's a brand-new build.We've managed to bump up low appraisals by $20k in Maple HTS, but it really depends on the specifics of the deal.     

This is my first purchase (don't want to do anything stupid) and the rents could swing 600/month depending on what I'm allowed to do in the basement - I'd be in the red from a cashflow perspective if I can't duplex them.Am I rolling the dice here / do you not typically find out for sure until you close and begin renovations?  

First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.

And just like the athletes a ton of it depends on where they were raised and did they just get ushered through collage because they were great at sports..

You can set it up for cheap depending on your state.

It depends on the rent amount and the difficulty of renting in your area, but I'd generally suggest something more like 50%-75%. 

However, managing multiple LLCs can mean higher costs and administrative work (separate bank accounts, annual filings, etc.).It depends on your risk tolerance and ability to stay organized.

Can depend on what kind of investment property this is.

Not sure the time frame, it may depend on the Judge's schedule. 

Depends on community and amentities I'd assume.