Worth say $1 million.  

Here's a few lines from a local bank's recent SEC filings regarding notes: "During the third quarter of 2014, the Company identified problem assets and began the disposition process under the asset resolution plan... the Company transferred $11.2 million of loans held for investment to loans held for sale in anticipation of near term loan sale..."

From what I can tell there is basically one cluster of Multi-Family properties on the southwest corner of 92nd and Lowell, aside from 10+ Million dollar apartment buildings.

This practice is less than attractive, IMHO to any newbie investor; especially when the discussion was to have, at a minimum, 3 separate series, 1 to buy and sell (flips), one to hold (rentals), and one to handle operations(PM or day to day OPS).  

Therapy animals provide people with therapeutic contact, usually in a clinical setting, to improve their physical, social, emotional, and/or cognitive functioning.I would also add one more point that is often misunderstood; with the millions of men & women who experienced combat in the US Military, hundreds of thousands return home with PTSD (Post Traumatic Stress Disorder).

Some will say that he could do that with all his millions of dollars he gets from his courses and books. 

I know i can get just as much rent from a $100k house but i want you get places in the $150k range to hopefully attract better tenants.  

If I can make the lot rent and the monthly cost of the home close to what people pay for a similarly sized rental then its an attractive deal for many.

I upgrade to 200 amp, insulate, replace dated light and plumbing fixtures, replace the roof if necessary (or budget to replace it if it has a few more years on it--I just don't wait until it starts leaking), fix any drainage issues, replace windows (maybe 75% of the time), make sure doors/hardware work properly (I install hinge-stops and/or those round plastic bumpers that affix to the wall so I never have wall/door damage), limb up or remove trees, and of course give it a thorough cosmetic upgrade so it attracts good tenants.

You will have difficultly attracting a good renter in a high crime area.Also busy streets can be a problem for residential houses (SFR).The other more subtle issue is over improving a house based on the neighborhood.