On the management side easily I get exponential quality and have been able to move my management into a proactive phase rather than reactive (I ran around like a chicken with my head cut off my first two years in real estate!)

I can’t tell you the exact price per sf, but generally, I’d pay about 10-20k for just drywall, carpet, doors etc in an unfinished basement, if you have any minor  foundation issues/leak that’s probably another 5-10k adding a bathroom is probably in the 8-10k range maybe a little more if you have no drain stack in the basement, digging down can easily be 50-100k 

As someone described there are mesh products you can use to block off that vent... and handyman can easily do it fairly cheap.

In hindsight, I was buying when house prices were stupid low, and I easily robbed myself of several million dollars worth of value by buying and growing so slowly.

You can't go wrong with Ohio.IMO cities like Columbus, Cleveland and Cincinatti offer lower cashflow and more upside for appreciation than Dayton and Toledo which offer higher cashflow and less upside for growth.In all cities if you look hard enough, you could probably find solid B class properties or C+ under $100,000 that will easily beat the 1% rule.Much success

It's next to my house so I could easily manage the property myself and rent it out for $2000+ per month.

In the mean time, if the HOA does try to re-foreclose on it, our legal adviser said that basically we once we get the main title we are still in a 1st position and can have the HOA's tenant (if they are even able to place once in there even) easily thrown out.My take away, skip this HOA foreclosure auctions.

Also if the tenant locks themselves out you can easily let them back in.

You can stick with your single-person company (LLC) for flipping houses and easily bring in independent contractors without changing your business structure.

He could have easily sold his Tesla shares instead to fund the deal, but by taking on debt and using them as collateral, one of the things he is doing is avoiding the taxable event that would otherwise happen if he sold the stock, and getting what is probably an extremely low interest rate for the loan.