A 350K house on Long Island may very well have $1600 per month in expenses when you factor in the high taxes, cost of insurance, maintenance, etc.

Inexpensive rentals close to the strip would be great for the casino employees to rent.I live in Bend, Oregon and think it's the best place in the USA, but it's for buy and hold, or for buying and selling equity.

I see it as an inexpensive screening all over my area.

In our market, there is nothing that inexpensive unless it is a C property.

If you hire someone it is a wash as you pass on to the guest, but you should be thorough and count it in your gross income and also in expenses as it will have an effect on any ratios/percentages you calculate.Good luck with your real estate journey!

I'd likely walk with $170-180k and be able to use that to invest in much more inexpensive homes in Tennessee.Again, new to RE and all the moving parts, but learning little by little. 

Financing - if you have inexpensive means or cash to do the build yourself, great....

It would be a very inexpensive way to gain valuable knowledge on assessing repairs and their costs.Another tip for you.

I don't know how you get a better bargain with the parcels split, "combining" them and legally dissolving the HOA should be a fairly quick//inexpensive process.  

Whether that is 1 month lost rent or 2 weeks + 1/2 month rent in expenses or 1 day turnover with 30 days rent in expsenses im not sure now that i think about it...