The seller will lose some rent, potentially incur costs to evict, possibly costs to clean out the units depending on your sales agreement.

How much profit you make depends largely on your targeted clientele and your property management. 

You will have holding costs along the way with repairs, maintenance, taxes, etc.

I would still need to subscribe to a streaming service for cable tv, so cost savings wouldnt be much (or a wash), but otherwise it seems like it might be a viable alternative?

looking to accurate my rehab costs calculator, specifically in the Pittsburgh area.Of course, It varies from one investor to another, depending on the quality, standard, size, condition, and team.I am looking to get a range or see how much you pay for each remodeling. 1) what's your range for remodeling a kitchen completely (granit, backsplash, tiles, etc)?

Depends on your market and competition.  

I use buildium which is a good value and I think the integration with tenant turner alone saves triple the hours needed to be worth the cost.

It's going to be pretty dependent on the house to think about what you can expect.

The cost of setting up an LLC can be about $500-$800, just depends on the state and what benefits you want for your business.

I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.I'll also throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).