Looking at properties that are in the price range of $150,000 and renovations to cost $50,000.  

On the other hand, parlaying my existing equity into a portfolio of 3-5 cashflowing properties in the $100K range (with 20-25% down) in other parts of the country -- places like Memphis, KC, Charlotte, etc -- is attractive because if I get in with the right Turn Key companies I could use my cashflow to continue to acquire additional properties over time and leave the details to the professionals.Are there other strategies I should consider? 

Kris Freeberg if your investors are in the 1-20 unit range I have been using truerent.com$10 a month and I am happy with them.

I like it because I am able to search based on my desired zip code then narrow down the search by entering in specific criteria such as bedroom count, equity %, median price range, etc.

If $10k is sufficient enough capital to cover a down payment and other costs.

It is pretty loaded question and a ton of people on here have a wide range of experiences and expertise.

Counters and cabinetry features as well need to be incorporated into the design.I would install the range and range hood in a place with good exterior ducting and ample counter space on both sides.

You might burn some human capital (like, frustrate your broker/banker/lawyer or the other side) if you go under contract then find something you don't like and don't buy... but obvious I'd prefer to do that than to buying a house with expensive or difficult issues.I know from experience that FHA loans for 3+ family homes can be a little challenging (they have to meet a "self sufficiency" test, where the rents for the units have to substantiate the carrying cost of the property).

You could still have a case of equitable interest and, with a sufficiently knowledgable tenant/buyer, may end-up exercising power of sale or foreclosure to regain possession.

So I had to pay for another appraisal (that came back right in my range).Bottom line is that there has to be a better way to enforce some of the appraisal rules.