If you are buying homes cheaper homes in worse neighborhoods, certainly those quick look numbers would need to change.  

Every state is different though so your state might be cheaper than others.

In a L/O situation, this is cheaper than a typical lease-up fee and not hard to push onto the seller because this is the cost of the deal being "licensed and insured".As an agent, why are you doing assignments instead of just brokering the transaction? 

Now that we're comfortable with the process, it's time to start using some of the creating financing techniques out there in order to purchase properties in a cheaper fashion.

I would get the inspectors out first because it is cheaper to have them evaluate every step than to complete the home and then they issue a fine or reject the work afterwards. 

In this scenario I would plan for missing a month of rent.If you think he could find something cheaper and you could get a better tenant quickly, then offering "cash for keys" for early termination now might be the best option. 

@minh le,Detriot and cleveland are the only msa cheaper than atlanta metro, however Detroit and Cleveland's population is shrinking while Atlanta is growing.

Basically, once you setup the first LLC, the rest in the series share much of the administration so they are cheaper and quicker to create and operate.  

The prices down here in the south for home prices, labor cost and materials are so much cheaper than many other larger cities in the U.S. 

Good to excellent credit opens up a whole world of cheaper and better financing.On your comment about your past (and I have a pretty dark one myself), there are no legal restrictions on Real Estate investing that I know of on anyone with legal issues in their past.