That might give people an idea on what your first steps could be. $5000 wont be enough to buy a rental in the traditional sense, so what's the plan?

It's your money, take that extra step to assure your unit gets leased if that's what it takes. 

@Stephan TaylorWhen you post an ad the 3rd step is to post pictures you have already taken.

I've done my due diligence following the forums, listening to the BP podcast, and reading many of the books recommended here, but still somehow feel like I'm not fully sure how to actually apply all the general lessons to concrete, actionable steps now that I'm looking the potential deal in the face.

We had an engineer come out and help us devise a more cost effective method of bracing the roof without having to completely tear off and replace!

If so, worst case you might have to remove them in the future.....unlikely though as most soft utility can be replaced by trenchless (pig) methods if necessary.

My name is Steven and I live in Michigan. I would love to start investing but it’s not currently feasible so I’m looking for local investors to learn from and work with. I’ve listened to all the podcasts, read a lot o...

After you go through rehab, deal with contractors, deal with tenants and repairs, you may NOT want to even look at deal #2.I know everyone wants to have their life planned out 4 steps ahead.

What are the steps to Wholesaling a single family home??

I just outlined the steps I take to do that here: https://www.biggerpockets.com/forums/93/topics/601..., it's the second half of the post.That's not to say list quality doesn't matter, but a provider like ListSource is going to be good enough.One additional tip - you can make your lists a lot more powerful by "segmenting" them.