If you are bare bones garbage spec 1000 SF box with lowest finishes possible, 100.00 is possible. 

Anyways, I would probably look for a deal with a little more meat on the bone, so to speak.

I want to know that the house has good "bones". 4) Treat your clients the way you would want to be treated, then take the time to find out how THEY want to be treated.  

I've found an off market property.Asking:  $45kNeeded repairs:  $10kARV:  $75kMonthly rent:  $900/monthProperty taxes:  $483 annuallyHouse is in a good neighborhood, nice lot, good bones, mostly needs updated.Seller is very motivated.  

It's always going to be on the buyer to do their own DD and the one piece of advice I would give is to never pressure someone into a deal.Wholesale deals are all generally the same and they'll never have as much meat on the bone as a deal someone finds themselves via their own marketing dollars or their own time D4D or cold calling.

Lastly, we bought houses with good bones and lived in them while we saved up and renovated them. 

If there is enough meat on the bone we hire a GC,

The bones of the house is not bad, but almost every room needed some work. 

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This is more part and parcel to the effects of "climate change" than simple changes in average temperature during a given year.Those who know me well know I have a bone to pick with cities built in deserts (read: the southwest).