Cheap house with a decent profit How did you find this deal and how did you negotiate it?

You can find a cheap duplex that needs some love.

Those ain’t cheap, and one good catch by the inspector saves you all the money you spend on all the inspections.There’s an old saying: “Life is hard.

cheap houses are generally the most expensive

IE. if you buy cheap area you will likely have tenants who are not able to pay top dollar etc. 

Properties are very cheap, real estate taxes are insanely low.

I won't say it looks better or feels better, but it is cheap and it lasts.

I would either use a HML spread over multiple deals to rehab or I would find a property with good bones (foundation, and most studs/joists are solid) then buy it for super cheap and force appreciation through the rehab, which is what I do. 

Or then you look and by adding the cabinets, sink, and a separate entrance, you could get 150 a night but the extra rehab costs 20k to do, I think you have to look at taking less rent for putting in less money.To me, given where you seem to be new, I would go the cheap route to start. 

Post cards are not necessarily cheap.