I also suspect inflation will drive continued migration to lower cost of living / lower tax states.  

You can also gain valuable experience virtually and offer low or no cost "co-hosting" services.

@Cameron Porter ultimately the most important part is the ARV, inclusive of the expected rehab costs.

Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out. 

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?

Would the value of the remodel increase the rents or the selling price that would out weight the cost? 

This allowed our partner, Jamari Sprueil, to move forward without any upfront costs.

Looking for something with low acquisition cost, and meets or exceeds the 1% rule.  

Hi all investor here with a sfh property in Oklahoma, I have been having ongoing plumbing issues almost every week with toilet clogs etc since last year, and recently they had to repair the sewer lines and had to excavate the backyard and living room floors costed me tens of thousands of dollars.