Use a cheap MNVO instead of A, S, T, or V for your cell plan.

Out of state buyer, first time investor scooping up a cheap property that needs a lot of work in an economically depressed area.

It will also give you a ton of results of super cheap homes in very small towns across the Midwest.

How is going cheap on this working out for you?

I was throwing darts at where to start. 

that doesn't mean RE isn't a good investment... but it is the case.what i would NOT recommend is buying a random, "cheap' property in a market thousands of miles away that you don't know well and haven't seen in person, and turning it over to a team you don't know. 

It's like you're building a money-making machine with PadSplit, but the fine print in the financing realm can throw in a curveball.Have you run into any specific challenges or surprises when it comes to financing after making these renovations?

always valuable to throw yourself in a guest's shoes and turn everything on and make sure it functions well or as intended. 

You get the best of everything- cheap, tax free access to your equity, you get to keep your interest rate and you get the cash flow. 

The cheap way is as @Conner Olsen recommended, go off of a shopping list, and hire on the ground folks to unpack it all.