Hi Robert,I like to utilize the 70% rule when calculating how much to spend on a project.

People are spending way too much time crunching on a screen and not viewing homes in real life.

I wouldn't spend more than two sentences rejecting them.

Generally spend about 2 hours getting all the data in to the sheet.  

Best to invest the money you would spend on pursuing these claims on better management/tenant screening or building improvements that may attract better qualified tenants.

Most travel nurses have a home somewhere else, plus...they spend all day listening to whiny *** people.

@Nick SarangoulisIt’s important to spend some time thinking about your strategy and what you want to accomplish.

Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.With the above, I am able to quickly vet every new deal that comes my way and spend more time on the good ones.

@Angela Fondeuri started by renting out a condo that i used to live in, and i grew slowly from there.the reason that i say a cheap property isn't going to help move you forward is because you'll be spending money on it that could be saved for a house hack, and you won't cash flow, because interest rates are too high.i am making numbers up but say you need $40K to buy a property in the midwest in a good neighborhood. 

No need to work on that right off the bat, you should be spending your time learning, networking and analyzing deals, then start looking for that first deal!