Defense was just something like I just wanted to buy a part of San Francisco for cheap, I wasn't planning to do anything sinister.   

For most people getting an LLC is relatively cheap. 

I ask for a down payment even if its under 2,500 this is because the customer will often times run out of money once they pay everyone else then hire one of these other guys to finish up for cheap.

If you're looking at Cleveland from LA, everything probably looks like a great deal to you since everything out here is so cheap.

And investing in cheap homes is absolutely fool's gold. 

.#8 I would consider your inspection cost a very cheap crash course in buying long distance investment properties. 

I worry about a renter with a good rental history being to cheap to put anything in but his grandmas avocado green range, cause it still "works".Not providing appliances in my area would also be a bad plan causing extended vacancies.

Being cheap about repairs leaves you with unhappy tenants who will not take good care of the property because you don't.Send a licensed plumber ASAP.

Wood Floors not sealed, tile not properly installed and grouted, cheap flat paint that the tenants can't wipe finger prints or food splashes off, countertops not caulked so water gets behind causing water damages, the cabinets were painted over not replaced the list goes on and on.

They buy up lots in nowhere that you can do nothing with and then act like they've been liquidated by the government so they can sell them off supposedly cheap.