It also has a unique layout compared to your typical "cabin" in the area (ie. it has multiple public rooms and very large bedrooms vs. one great room and bedrooms barely able to hold a queen bed and a dresser).

I drive for dollars, Craigslist, word of mouth but I can barely generate 50 leads per month that way so my guess is that we are accessing some sort of database to get letters and then drilling down to the desired area, property type, etc.Any advice?

That would barely cover mortgage with $30k down...however house rents start at $2500.

I’m now going to make my real estate dream a reality.I’ve always wanted to own income properties but spent the last decade barely scraping by, living paycheck to paycheck working in the digital marketing industry.I’ve recently come into a small windfall that gives me the funds to make a down payment on a modest rental property.I’m here at Bigger Pockets to learn and hopefully make some connections so that I can make the most out of my new lease on life.It’s time to live up to the incredible and untapped potential I’ve always had bubbling just beneath the surface.In my free time I also like to practice Brazilian jiu-jitsu, lift weights and build websites.I have an 11 year-old Pit Bill Terrier named Lincoln who I also love to take hiking in the mountains.Thanks for having me.

If your mileage differs, then you should do it.If people are willing to play the lottery for the bare OPPORTUNITY to apply for an apartment, that's their business.

I've found most of the reliable mom-and-pop shops barely have an online presence. 

To clarify, that  of 15-25k estimate is just for bare minimum to build kitchenette.

Bare minimum, try to convince them to remove the PITI from DTI (vs. include the whole income) which should help a lot. 

There are expected changes that might but might not be made to the laws as discoveries are made on the effects and consequences these new laws bring to bare. 

Bare Minimum 5K but 10K would be more comfortable. 4.