If you're willing to put some sweat equity into it, then you will have an easier time. 

And, for those people who have more time than money, they can put in sweat equity into directly owned real estate.

Many veterans would love to invest sweat equity in providing shelter for themselves and our fellow veterans.

The key is to try to catch all the problems and get a reduction in price before closing so when you work hard to fix them you realize the sweat equity.

But I can do this for you on Friday no sweat just need docs tomorrow and wire instructions and of course your 90k into the deal and a quick 10 minute once over from my end to make sure I am not buying a pig in a poke which I certainly don't think that's the case but you know .hit me off line if you wish. 

I also take a small equity stake in the house in exchange for the sweat equity of running the rehab.

Another local investor I worked with took two 2-bed, 1.5-bath units in a Raytown duplex from $1,100 market rent to $1,500 each after investing $25,000 (and sweat equity) in updates, resulting in an annual income increase of $9,600.

Learn from a mentor and see if you can provide sweat equity in the area of your choice at first to learn in the field training.

@Scott McMahan $15k and a whole lotta sweat ;) I did all the electrical, flooring, painting, finish work and the cabinet installation myself.

No sweat Carlos.