There are a bunch of free or low budget options for collecting rent.

Get rid of debt, build a budget, and save.

Welcome to the CommunityRead articles, listen to podcasts, attend meetups to network looking for deals, buyers, private money lenders etcStart forming capital at the household budget level to apply into your portfolioFocus, avoid paralysis by analysis thinking you need just a little bit more info (its lifelong learning for all). 

Or, you can just settle with chuck in a truck who has the lowest prices in town, has no insurance and runs his business out of his pickup.Of course you get what you pay for.

Start now budgeting, building credit and saving.

We hit a lot of obstacles along the way and almost doubled our original rehab budget.

I think 75% of ARV is tough to find at least in many markets but if you take on a heavier rehab than most people will be willing to do it can get you great numbers but of course, there is the risk of going over budget.

What is included in your capex budget.

Charge $5 per shower and keep the showers clean like truck stop showers.Maybe hire some (Local) comedic entertainment singer once a week like "Leroy Troy": https://www.youtube.com/watch?

I guess the thought is that with inspection contingency, if it is not structurally sound, then you have an out.My concern, it is a 3 unit, so what if the tenants need new appliances or something that is not covered by the contingency and I have only budgeted for 5% for maintenance and 5% for capital expenditures, will I be getting myself into a financial pit?