@Jd MartinInteresting to hear you don't buy your own materials - I can certainly see the upside to that.I prefer to buy my own materials when possible (mostly from Lowes as they are the most conveniently located) as I like the perks of that amount of money being put on my account.

Your ROI is a number close to infinity and you can repeat indefinitely - And YES - there are still deals out there that will work ... one just closed a couple of weeks ago in The Woodlands on MLS at about 70% of value and only needed light rehab - maybe $5,000-$6,000ARV - 177,000Sold - 123,000Rehab - $5,000Total invested - $128,000-$129,00080% refi - $141,000 Rents - $1,500-$1,600 My initial offer was $120,000 - They declined to counter - Now that I see the final sale amount, it irritates me that I was so close but missed the deal  

Don't invest in Europe.It doesn't work like in the US.Prices are way too high, rents too low, they will tax you to death on rental income(Portugal is 28%, Germany is 40%) and there is red tape from here to Mars.

Brandon and Josh always say, you can usually find a pretty cash flow-friendly area within two hours of any major city.)Lastly, try joining your HOA board, lay low for a while and learn, then see what you can do about lowering HOA fees.

Tax liens are another low-dollar asset in the alternative asset space, but the time invested in finding and acquiring good liens can be significant.

There are many ways to do it, but what's the most effective and low cost, being as I'm a new agent?

If damage is low you'll still get a very cheap property from an owner who's very anxious to sell.

If not, your numbers will be worse.2) Taxes of $98 per year seem too low.  

FHA loans will require a low down payment, and you'd be living in one unit while the rest of the unit(s) pay your mortgage.

Charles Kennedy Yes the $250k is an estimate but I went low with it to help mediate risk in the future.