I'm curious to see if anyone else has done this and can share their experience or can shed some light on the topic.

If your market really shows that itll sell for 220 without being completely reno'd, a light rehab might not be a bad project with decent returns.

It's my understanding that I need to have 1st secured POF from an interested investor and the green light on a property and get it under contract before I can even get the seller to accept/decline an offer.

If I fixed every single thing I'd like to to make it look awesome its a 39k reno, If I do a light reno just redoing kitchen, bath and some other things I could spend 20k.

It's more about the expected nature of a chronic discounter and how it applies to the whole project when they cut the listing agent to a stump and offer garbage to a buyer's agent when they want to sell the property.

Anyone investing in the East End & Brauers that can shed some light on the neighborhood?

Keep in mind there is not too much available this time either, so the lower demand meets also lower supply.We have a new 4 bed single family on the east side for $2,350 and had 5 showings / 2 applications this weekend, that's a fairly good outcome in this price range, which is naturally much slower than under $1,500.One of my mantras is that the house will pick the tenants - a nice house will attract nice tenants, a wired house will attract wired tenants.

Given the transitory nature of students, you are going to be turning units regularly. 

They seem a little light.

Even better, find a realtor who can find you a deal needing light cosmetic fixes, get it at a discount, have your realtor link you with a reliable contractor, and then get with the PM.