Another way is to partner with your realtor, have them market to a desired neighborhood and see if they can find someone willing to sell to you.

If your true desire is to be a builder or developer, then get yourself into a job where you learn the business. 

This way you can get the cash flow/ROI you desire, but do not have to handle the tenants.I have a few off market SFH listings if you are interested.

What you ask is all relative to the project , and desired time of completion , plus your own skills .

You'll then be able to have tax advantage there.There could be other advantages regarding your situation and the desired legal structure you want.Also, you might want to consider other variables such as:S-corp tend to necessitate more paper filing and upkeep The way you're going to get funding might be different with S-corpAs always, you'll need the help of professionals to assess your situation. 

Therefore, the inventory of Altbau construction that survived the bombing is generally more elegant and desirable.

I guess I should start by introducing my self My name is Sergio I live in the awesome city of Phoenix, Az I came to the U.S 22 yrs ago from Colombia, I served honorably in the U.S Marines and I currently work in the oil and gas industry in the frozen state of ND some of my hobbies are riding my motorcycle, hiking, shooting at the range, salsa, bachata, vallenato dancing.Like almost every one I was influenced by Robert Kiyosaki's Rich dad Poor dad a few years ago and that set in motion a desire to get out of the rat race, I started working in the oil industry to get out off debt as prescribed by Dave Ramsey now a few years in to my oil field career I've accomplished some financial goals and now ready to dive in to the real state world so I can work for my self "minding my business" (forgot who said that but good quote) I like to focus on buy and hold rental property the residual income is something that is appealing to me, I guess my goal is to eventually stop "working" and spend more time with family and donate more of my time and money to my friends organization helping disable kids and under privilege families in Colombia.I hope this was a proper intro and it wasn't too long looking forward to one day being on the Bigger pockets podcast with Josh and Brandon and having photograph taken with Robert Kiyosaki.

Tony Robbins speaks about this often as well to reward yourself immediately after completing a desired task.

Basically the more people that know of your desire the better. 

You'll have to figure out with your realtor on what is more desirable in that neighborhood, pool or no pool, and then decide that way, but either way you're probably looking at 5-10K depending on how much sweat you want to put into it.