They should have a higher psi rating then the cheap ones on Amazon. 

Outsourced cheap postcards.

They buy them cheap and fix them up and place HUD tenants in them.

I shoot for 80% but I think that is offset by the fact that I am able to get really cheap financing.  

Bad properties in bad areas with low margins are going to be cheap.  

Once you buy property in your personal name you can easily and very cheap do a quit claim into your LLC. 

He owns three single family properties free and clear ( bought them dirt cheap when he was 20) at first I had thoughts of selling one to use as down payment on a multi-family property.

Investment properties aren't cheap in SG relative to MY or IDMy two cents on Singapore's property market from an expat former banker perspective:-cap rates (income-expenses before financing relative to property market price) went through the roof since people see limited land--peaked in 2015ish, but still outrageously low-interest rates dropped low enough to sustain borrowing on these low returns-building has continued without parallel demand growth (supply>demand)-Singapore employment regulations are being more and more protectionist (and an ageing population) so you won't see foreign labour growing significantly in the next 5-10 years IMOPersonally, I would be more interested in Indonesian office/industrial/MF just from macroeconomic factors, but there's opportunities in every market if you find the right niche.

Between CE credits, licensing and offices fees it isn't cheap.

So, we're trying to see if junior can exit the rat race on a pizza delivery paycheck, and then graduate.