Even in Houston, I would suspect you'd pay $250 SF minimum, especially with a trick build like that on stilts.....What do you think, @Matthew Paul ? 

Purchase price: $75,000 Cash invested: $95,000 Bouight this 6 units with owner finance.

I’m also relatively new to the real estate space, and I’ve learned a lot by getting hands-on with deals and networking with the right people.

I'd recommend starting with books $10-$20 gets you 90% of the info you need.

Would love to connect with you and discuss anything real estate in Nova Scotia! 

We design flips all across the US with an ARV of less than $225k.

Essentially it's totally dependent on the terms/risks that the buyer and seller are comfortable with and everyone understands the transaction. 

********************************The basic idea is that of you can make the same return on Treasuries with little to no risk, there is no incentive to buy real state.Some very large Hedge Funds are selling inventory at a loss, below what "current market" is.

Negotiate longer lease period with purchase option. 

I have been working with many people who are just trying to get started with real estate investing.