If you currently have no capital, you have two main options: Save up capital, or find a creative way to secure your first property.

More realistic exterior maintenance is $18,000 and each interior rehab is going to be about $11,000 (Like I said, they're in pretty good shape as is - mainly just updating). 

That is the main reason I have not started to look for properties yet.

I am guessing that the main reason is that they do not want to deal with the FRPTA and the withholding issues that we foreign investors have.

Class B neighborhood, mainly a family town with large homes around it.

@David Dachtera, my main goal is cash flow, which the property does fine on.

I have seen several fires from people trying to draw their main power from an extension cord.

But there was a huge crack in it, which was allowing the mold to harvest (with the addition of the leaking water main, which he did not notice either).

What I'm mainly looking for in the beginning is to provide some passive income from rental properties.

I remember reading an article on here not long ago, can't recall the title, but the main idea of the article was that with direct mailing campaigns, you can expect to receive about 5% of the amount of the initial mailing to contact you and that you will only close on about 2% of those deals.