Greensboro has some great real estate investing opportunities so if you decide to remain there after graduation I encourage you to network, network, network to be well positioned for deals later as they surface.

Surviving the recession by the skin of my teeth taught me that if nothing else. 

Looks on the surface to be okay. how much mantience  are expecting in your ownership of let's say 10 years?

There are other types of vinyl floor tiles that are much better but will require you to float the floor with adhesive or with concrete to prepare the surface for the new vinyl tile.

Also if i am not mistaken i can also use CalHFA and Zip / CHDAP downpayment assistance programs having my skin in the game very  minimal. please don't bash me too hard or discourage me too much, those of you who go too straight edge and by the books frowning at anything that is not 100% permitted or those of you who have the portfolio and income to turn down and scoff at these "garbage properties. i don't currently have that luxury and i'm will to get in and grind so i can have more free time to make a full career transition into Real estate. 

In all of these cases the properties are current rentals owned by a landlord.Sorry to hijack the thread about cashflow, but I am just looking for good advice on how to perceive these deals and whether or not there is a good threshold for what's an acceptable deal from a tenant and cashflow perspective, or whether I should solely be looking at the cashflow and just build a thick skin and deal with strange tenant situations.  

On the surface, if the numbers don't add up for BRRRR, then the deal isn't good enough to BRRRR in the first place.

With that being said, on the surface these properties sound profitable but based on loose analysis, once you factor in property management, vacancy, maintenance, insurance, etc, the property isn't very profitable.

(Wish they would've never torn down all of the historic downtown buildings that they did for the purpose of paving surface parking lots so I am a supporter of redeveloping all of the parking lots downtown).

It runs a little under $300, and they'll do a full report - testing every single surface inside and out for lead.