It really depends on the markets you are looking in, if you have the bandwidth to handle general contractors and their subs, and the amount of capital/liquid you have.

To buy a lot outright its usually around $150k or so, depending on area of town.

This protects you if you have to fire them.2) Pest treatments would depend on the location.

Capital needed depends on market and deal size.Good luck!

Akron is not LL friendly, they were the first in NE Ohio to pass a rental registration ordinance (in the 90s), in 2021 added source of income as a protected class - so you can no longer rule out S8 applicants, and passed STR registration last October (and nearly a year later still haven't been able to enact anything).  

@Roger Garner the strategy will really depend on what level of involvement you want in the project.

This market is not always available in the MLS, so making it more difficult.A commercial lending is possible even with SFH, that will depend on your lender and the access to commercial programs, it will all depend on the situation.  

However, your rental income depends on your tenants remaining employed at similar wages.

Might have to look into this...I'm still over here getting a new card for the $200 off of $500 in the first 3 months and borrowing free money for a year lol I've always done cash-back and just make sure I use the card w/ the highest percentage for whatever I'm buying - I think Amazon is 6-7% back (depending how how fast you want it delivered), Wal-mart had a good one (5% back) there but I believe their partnership w/ CapitalOne just ended, Costco has a good one (4% back and I think 7% on gas). 

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.