I also looked at some SFH's in North Minneapolis bit as everyone around here knows that is a very undesirable place to live.

Tommy, I would start pounding the pavement and look for off-market deals. 

Also, it is always nice to know the other side of the transaction when you get into the profession since you will be working with buying agents while listing a house.This is just my opinion and I know when you read the millionaire real estate agent they pound home the best option is to get listings, leads and leverage your past and present clients.

Read Florida Statute FS 509.141 titled Refusal of admission and ejection of undesirable guests; notice; procedure; penalties for refusal to leave.Hope this will help.

But I do agree with you that money appears to  be saved with a "Graigslist drafter" but not really, more penny wise pound foolish.I don't think there is an investor friendly builder. 

Pick the ones they feel best about that pass CAPs and cash on cash then make a few offers.OR wait for this global trade war to shake out our economy, stay in cash investments and wait for a better opportunity down the road while pounding the pavement in alternative areas that they might now know yet.

Will try to be cognizant of this ... opportunities and industry, yes ... bragging and pounding one's chest, no.  

Do you know of any traditionally undesirable neighborhoods that will gentrify in 10 years?

I walked in one day and they were pounding all of my bare studs over one inch rather than rebuilding the frame.

But I agree with the proverb that says, "Penny wise, Pound foolish."