In parts of the world (US included) where there are homeless people and cheap land, this can help provide a solution.

I also listen to Mike Zuber author of one rental at a time talk about learning your market which is a course he has that includes a spreadsheet that tracks sales so you know what's a good/great deal in the area of the investment. 

More LLCs, more red tape, more documentation, more complications.

We have access to around $200k if we go all in not including investors if we could find them.

Hi Sean, I’m a “newer” investor and have a few doors in the Midwest, including Memphis and Detroit.

In Cleveland OH it is 1-2BR furnished rentals priced at 1,200-1,600 monthly utilities and internet included. 

A thorough screening process can include background and credit checks, employment and income verification, and rental history review, ensuring that you select tenants who are financially stable, trustworthy, and likely to uphold their lease agreements.

If you don't think it's viable to include a washer and dryer maybe you can find a local service that can provide this to guest.

I was quoted 12-14k for new central heat and air which included all the duct work.

Hello BP,I'm looking into purchasing a property in Sarasota, FL that is built on a large parcel and includes some vacant land.