If I could go back and do it all over again, I would do exactly what Joe is advising and I would be sitting back, fat, dumb and incredibly happy as a multi millionaire.

They are most likely burned-out light bulbs.

The family burned through over 500k on his medical expenses.

I was burned a few times early in my career and I get a decent amount of business from others who have been recently burned by an agent who claimed a great deal of experience, but couldn't answer basic questions about investing once they started analyzing deals. 

Rent near downtown will burn right through $50k, finding somewhere that is both affordable and safe will really help you out in the long run.

Part of the code which outlines the temperatures requirements:“There shall be supplied water heating facilities which are properly installed, are maintained in safe and good working condition, are properly connected with the hot water lines required under Subsection C of this section and are capable of supplying water at a minimum temperature of not less than 120 degrees Fahrenheit (120° F) and at a maximum temperature of not more than 140 degrees Fahrenheit (140° F) at all times to each hot water outlet.”https://library.municode.com/n...

Look him up on here @Cassidy Burns he made a video on it

@Cody L. indicated two $100K properties and I understand his rationale but I fear $100K still leaves you in a poor class area and so using similar rationale I would recommend a single financed $200K RE that is in at least C+ class (and preferably B class) area or do as @Brandon Burns suggested and partner.If you purchase a $50K RE OOS it will be in a poor area that has historically zero appreciation. 

The fire burned the entire kitchen.

@Jonathan Greene  -  These kinds of clients are what burned me out last year.