I'd pick a market close by, or that you have a strong personal connection to, or that you visit often.For example, these investors bought properties that "weren't very expensive," or at least didn't look that way:https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...

For example: would you want to do 2 flips in a year and make 140K on each for a total of 280K.

EXAMPLE: you can probably send out the initial eviction notice yourself and then forward to attorney if a court date is needed.Regardless, it is our opinion a landlord should START the eviction process every month a tenant is behind, no matter their excuse.

For example for a rental with $2700/month rent with folling scenarios, how much mimum income would be considered adequate?

For active investments I advocate considering how you can diversify WITHOUT ceding your competitive advantage nor the superior profitability of the niche your in.As an example my business is running an investment fund and syndication high interest commercial mortgage loans secured by income producing real estate. 

I have some great examples in my book, including my father-in-law who lost tens of thousands from a single mother that he tried to help.Stay at market rates.

I would love to hear your examples!

Providing relocation assistance to tenants, for example, if I want to sell the property or move back in - this can range from one month's rent to thousands of dollars (e.g tenant has a disability, minor children, elderly it will cost you more), depending on the city.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on. 2.

I know for example we can fund up to 90% of the purchase and 100% of the rehab when we're funding the purchase and the rehab.