There are some people coming back because there's a segment of the population who love living in the city and being walking distance to restaurants, stores etc. 

Quote from @Ariel Rivas: I don't know your market specifically, but it's typically cheaper to purchase those items at Home Depot or Lowe's.

This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI  (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again).    7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.  

The point of going into real estate is either as a store of value or to make money--you make money primarily through value add--of which the simplest path is rehabs-go with an easy one while you learn the process.  

If you’re itemizing your deductions, another great strategy is making a strategic donation to a charity or organization you believe in, like your favorite nonprofit or your church.

He also visits the properties, inspects them and builds a work scope with line item budgets for each trade work.

Only two electrically operated items may be plugged in to any electrical receptacle.

In addition you can use it to collect initial security deposits or to bill the tenant for addition items such as billed back utilities, damages, etc.

1) Not blown money on cars, luxuries items, CC2) House hacked a 2-4 unit.

Apparently, this is deeply embedded in terms and conditions (fineprint) when you sign up, do you really read through even single line item?