I’d also plan to show before they move out to minimize vacancy. 

I only need 10% down to purchase this property with private money and then refinance with putting minimal amount of repair money into the property.

Hey Guys I have a creative deal I put together and the financing for it is going to have to be just as creative.I am buying two properties next door to each other and subdividing portions of the very large backyards to create a 3rd lot to sell for the profit (see pic.)Both home are in good condition and upgraded (minimal oppotunity to add value.)

It was made up by landlords to describe a property that has had the minimal - and I mean ABSOLUTE MINIMAL - amount of work done to it in order to get a renter. 

Minimal (though increasing the last few years) scumbag upsell.

I feel like the trick is to know what you want to invest in and then learn enough about it to make sure that you minimize risk while increasing your return. 

Otherwise, if you do a good job of screening your tenants the whole ordeal will tend to work itself out with minimal daily input on your end.Welcome to the forum!

Single families, on the older side, with minimal updates should run you about $650-$750ish per year.

All they usually care about is dealing with the hassle as quickly as possible to minimize their involvement.

At end of day we got our all money back with HELOC, have a mortgage payment of $623 on property, collect $1450 a month of rent, and have minimal expenses on property.