No cutsodians required. 

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!

Charge the tenant for all cleaning and repairs required to return the rental to these same condition as it was given, minus ordinary wear-and-tear.You can't charge full price for a replacement appliance, flooring, or even paint.

Start by getting pre-approved for a loan, ensuring your credit score, debt-to-income ratio, and finances meet lender requirements.

It sounds like you've done a lot of the preparation work required to hit the ground running. 

The property required a full gut rehab as it had been vacant for 15+ years.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

So we shall elucidate five myths and truths about investing in them.Myth 1: Distressed Properties Are Always Money PitsMost people think that distressed properties require major renovations, which wipe out profit returns.