It sounds like the cost to entry is pretty low too, which is great to learn.

Marlboro Drive deal using its own capital, covering the $370,000 purchase price and $20,000 in renovation costs.

How much do the repairs cost and how much would it change the ARV afterwards, if you sold it? 

Cheap fix and makes the house so much more comfy year round -> lower turn over rate, and an average turn over costs us about 5k, so well worth to invest in your tenant's comfort.

I have a nice down payment as was gonna offer a potential subject to if i paid their profits/ closing costs...but can you subject to a loan not in bad standing/ FHA?

Purchase price: $680,000 Cash invested: $510,000 We funded this loan in 48 hours. 75% loan to cost.

Do you want the seller to pay closing costs?

The Reality is stuff costs money.

Also, I would also not cross-collateralize the houses if a lender would even do a portfolio loan.On your second question about multifamily, I would not jump to multifamily until you have experienced the common management problems with single-family as the expenses scale with the size of the property as well as the cost of mistakes.I would consider getting Home Equity Lines of Credit (HELOC) on each property.

If no mention was made of any type of special cleaner in the lease - that seems like an error on your part and would be a cost that you would have to bear.if you are charging the renter how old the units are makes a difference.