These markets will offer you distressed properties starting at 60kish or so and up to 150kish.For example, let me make up a hypothetical deal.You buy a house for 90k and am putting 60k in to add. half bath, redo the kitchen and bathroom, brand new paint and new LVP flooring all throughout. 

Quote from @Seth Timmerman: Quote from @Elwin Green: Hi, all...Half a lifetime ago, in the late 80s and early 90s, I took a run at real estate investing.

I have been starting to struggle with managing only half of my units. 

And they had taken the kitchen cabinets apart and burned them in the fireplace for heat.....I salvaged some and painted over the burn marks, didn't look half bad....ya can't make it up, right?

Half the time it is user error and they didn't do the work.

PM had been pocketing half the rents for 10 years.

I am currently ending the co-ownership because my dad seriously screwed me over & I have no idea if it'll end with me getting half the fair market value now or waiting until my parents die before I assume it. 

Completely renovated main level:* Demoed and redid kitchen with new appliances* Refinished floors and reglazed bathroom* Replaced the roofComplete demoed and finished the basement and landscaping* Replaced half bath with full and added 2 bedrooms* Replaced entire plumbing including sewer line* Added second washer dryer* installed stamped concrete patio and walkway plus fence* All new landscapingWhat was the outcome?

You can get a Delta flight through Air France often for half the miles…far outweighing the 15% discount for having their credit card.

So true I mean rent free would be #1 goal but I can make do with half my living cut down .