No major issues, couple of minor cheap and easy fixes. 

Have a built in cushion. just because it’s cheap, doesn’t mean it’s worth it.

I'm currently collecting and reading books from the Bigger Pockets website.I'm definitely not looking for the quick-easy-cheap but would love a more rounded perspective to the numbers-research approach.Please feel free to suggest any other resource that you think will come in handy.Thank you kindly!

If your cheap like me you will just tear the carpet out , unroll it in the driveway and pressure wash it using Joy dish soap where the dude died .

Besides, TV's are so cheap right now.

Completely legit.But you need to be careful when buying you need to visit the home before bidding they don't show you everything in the photos just the eye catcher one.Do your research on the area also crime rate,etc .When a house is so cheap makes you wonder........

Offering exceptionally cheap money and paying expenses won’t help an active flipper if you’re so conservative you’ll only loan at 50% or even 65% LTV.I believe the drop in the rates by some is simply due to a drop in demand from those who are so conservative their business has tailed off, than by a perceived safety they see in a rising market.

Its a lame argument that we should look the other way and not enforce our laws because business likes cheap labor!

(well, I shouldn't say never) But certainly I’ll never get money this cheap again.

Properties are so cheap that people can just buy rather than rent.. any advice on this?