This question would set off all sorts of red flags if I was investing with you. 

If my budget was more flexible I would create more than just one list, but that is not plausible for me at the moment.

Purchasing some sort of multi unit property may be the best option for me at this point(I think).

Might be more red tape and unknowns than it's worth.From a numbers perspective, 10K home, 25K lot, 20K rehab, 15K?

His 5 yr old daughter "painted" doors and a few walls in her bedroom and the master bedroom a splotchy red.  

For your first deal, you're going to need a ton of profit margin in the deal to get any bank to play ball because they want to be assured if you mess up, there's plenty of meat to feed someone who can close the deal.

Obviously there's not enough meat on the bone to pay a realtor to list it from the sound of it.

Be prepared to offer with as few contingencies as possible.Good luck - and welcome to Red Sox land!

Recently, I entered into a house with a noticeable lean toward one side. Upon further inspection, (walking down into the basement) it was extremely obvious that half of a floor board had been rotted out. I know that o...

I'm from Toronto and exploring the market there, but I'm not sure if there is enough meat on the bones with the way asking prices are for both current properties, as well as foreclosures.