I make a decent wage from my job and live pretty frugally so I could afford it while still have the ability to save/use my earnings for repairs/rehab.Thanks guys!

I try to make it pretty clear how things are going to work when they rent my properties, and if this is going to be a problem for them they need to move along. 

I'm not very specific as far as what I want to invest in, I'm pretty open to everything but going after good roi.

He is actually cheaper than I am, and I am pretty cheap.  

Pretty much all of the apartment complexes here rebrand when new ownership takes over and the first thing they do is paint the interior and exterior and do some cosmetic upgrades (paint or replace cabinets, new counters).

I have barely marketed that I do it, it's mainly word of mouth, referrals, etc but I am very good at it so news spread pretty quickly. 

The FHA guidelines do mention the foundation has to be "safe" but it is pretty vague about it.

Sellers can crawfish, but when represented it is pretty hard if the broker takes charge.

I am an investor in the city and I know Rogers Park pretty well. 

I'm pretty familiar with most of the market in Indy and have a good network of real estate professionals that I can confer with when I don't have a confident answer.