So I would spend a little more and try to get into a little better than the worst areas.

So if you are finishing 1,000 sq ft, including adding full kitchen, bath, electrical, plumbing, etc, you will be spending about $200k in addition to the purchase price.

If you don't have time or don't want to spend hours learning on podcast or YouTube then it may be a good fit for you. 

Spend $15,000 per house to make them rental-ready and hire a property management company since you don’t want to manage them yourself.

You will need to be spending 2-3 hours per day on the business in the beginning.

Normally folks in those price points simply dont have the money to fully litigate and no attorney is going to take it on contingency.. so you basically out spend them  and then you guys settle.

So, that applicant isn't spending dozens of application fees to find a new rental. 

If the account is growing, we are spending less.  

So home is being sold for 1.2-1.6 in the same exact block.The 1.2 is usually home without updates, lets say you change everything into that house, you spend 100k.

I have spend over $5000 so far trying to get him and climbing.