Hi Brandon, One of the easiest ways of scaling in real estate today is to invest in turnkey properties out of state.

Waiting until you own the property before painting will be faster than having to clean-up some manufactured chaos that results from altering a property you don't own.Congrats on your soon-to-be new property. 

@Ali Boone I've seen low to mid 200's for condos and houses and even lower for mobile homes and manufactured homes.

We’re pretty new to the investment world and our agent has come across some manufactured homes in a great location for rentals.

Pricing for materials for a rehab at the scale Clayton talks about would costs 2x-3x that price -- add labor on top of that!

Of course, this would be dependent on finding a few investors that are interested, but the more comfortable you get with taking investors money the quick you'll be able to scale your portfolio and not rely on only bank money or HELOCs.

David Greene published 3 books on how to be the best agent in your market.1)SOLD: Every Real Estate Agent’s Guide to Building a Profitable Business2)SKILL: A Top-Producing Agent’s Guide to Earning Unlimited Income (Top-Producing Real Estate Agent Book 2)3)SCALE: A Successful Agent’s Guide to Leveling Up a Real Estate Business (Top-Producing Real Estate Agent Book 3) 

Once at a place of scale and growth, it’s something to consider. 

I think it is better to do things by the book and technically you are committing tax fraud by doing this although at this scale it shouldn't matter. 

But in reality, it's not needed at all until you hit the scale of multiple deals a month.