With good tenants and good up front and communicated expectations at move-out, you can often do same day or 2 day turnovers easily.Q3 - Do your first 2-3 deals in your own name and get a $1mm umbrella liability policy from your insurance agent for about $300/year. 

Basically, suppose I go and buy a vacant lot, what should I expect to budget to get from there to a livable house? 

Most renters assume the "evil" landlord will keep the deposit so they don't expect it back.

Until Waco can find a way to add more jobs that aren’t service based (only added 1200 last year), then I expect it’s growth to flat line to decline.

That gets you a close up look at the level of finishes that are expected. 

I expect it to.

You are likely expected to bring a crew to move the stuff out unless the people are there and they are capable of getting their stuff out.I would also try and offer the person a few $$ in exchange for getting their stuff out and leaving the house empty and in broom swept condition.

Have been surprised at price expectations in areas of Shively to be honest but in today's market I shouldn't be.

People expect cable tv and wifi in their room. 

BP forums will address many ideas and strategies  I expect in the next few months.