I buy distressed properties in distressed condition as is for cheap.

@Rolanda Eldridge  I figured that if I could pick this property up cheap and be all-in for under $30K and rent it out for at least $475/month, that I'm still doing okay at almost a 1.6% (vs. the 2% rule). 

That's why you want "on time delivery" of materials when you expect them to be installed and avoid letting them sit around the job site. 

Good attorneys aren't cheap, but they are a lot cheaper than dealing with regulators over offering securities improperly.

I'm not trying to be cheap or skimp on a handyman visit.

Only issue I'm having right now is finding financing on such cheap houses, though I'll admit I haven't looked into any credit unions yet.Good luck and keep in touch,-Sam

Check into the reason for the cheap price.  

I am real cheap when it comes to consulting and that is why I joined this forum lol =) Any advice is greatly appreciated.

Many in Poughkeepsie are cheap, but would need a ton of work.

or really cheap, I would con sider that a "win".