Ironically, I am in a bit of the same boat as you for the first time in my landlording. 

Another strategy we have been using is looking for houses with unfinished basements (typically Everett seems to have the most of these), but the caveat there is more often than not these houses are quite old (1930-50s) and can still have original knob and tube wiring, cast iron plumbing, asbestos or lead-based paint which can add a significant amount of cost to rehab without necessarily seeing a proportional return.

I could save probably a $ thousand a month doing a few things myself - mowing my grass, changing my own oil, grooming the dogs, fertilizing my trees, ironing my shirts, etc. 

Ironically investing wisely in real estate is helping my savings exponentially.My opinion: Do not wait until you reach 100K.

The foreclosed borrower got a $80K payday (how ironic) and the winning bidder ended up with a property with a 1st balance coupled with the amount paid for the 2nd putting them at 110% of FMV. 

Ironically she spent the whole lease assuring me she made plenty of money to pay her rent and sending me her poi a couple of times to make sure I would extend the lease.

When I have a few more things ironed out, I would like to see if we'd be a good fit.   

Iron sharpens Iron!

Hello @King - Ironically, my husband's first name is also King.

I do admit, there’s a lot more research that needs to be done, but if they accept an offer I can iron out those things and come back to the seller to renegotiate if something won’t work as we planned.