@Gavin LittleI've been lucky in that I've mostly rented our units to great tenants with minimal problems.

find a partner who does.Pick a market or multiple in order minimize your pool of potential partners, but keep an open mind to other potential markets if you come across an investor that might be open to partnering if they're experienced in a market you might have not thought about investing in. 

What in your opinion would be the best areas to look for with a minimal budget?

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

If I took a random stab for a flip that price would be would be 65% of ARV- cost of a full gut renovation to minimize risk and ensure there is some level of profit, but I am just a random investor and don't have to deal with a nightmare 8 year vacant property and the rehab headache that might follow.

They can work well as a way of having a condo with minimal cost out of pocket though. 

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

If you are referring to cleaning units or unclogging toilets, we have contractors on call for virtually everything that could come up, which is pretty minimal in a long term rental anyway.3.

Are you at all concerned about the potential for cash to be minimized in the United States in the years to come?