They just include a few requirements such as the borrower having enough equity in the property, sufficient cash on hand for making monthly payments, and a reasonable strategy to exit.

Down payment would be in that 20% to 25% range.

I'm just looking for a range of options here to better help me hone in on a niche to better focus on.Thank you all in advance!

In most cases, a new coat of paint - or at the very least, repainting areas that are presently chipping, is sufficient.

or do you only bid down in the HOA lien range?

A $200 fine is not sufficient if there's been a significant amount of smoking.

In terms of rehabbing the property, the workflow can range from throwing a coat of paint on a wall or two, to an entire gut of the mechanicals, windows, siding, and flooring.

My price range is under 325K and I feel the area's I have chosen offer over 33% cash on cash options.  

Hi, I'd like to buy a property in the 110k range (my own cash), refinance out the cash and sell it in a land trust on owner financing, deed held in escrow until fully paid off.The niggle I see is that I think most lenders have a seasoning requirement on the property purchase before you can refi the cash.

I've heard various estimates for closing costs, ranging from 2.5-5% of the property value to the $1500-$2500 that the BP calculator suggests.