$60k all-in is possible in Tulsa in certain areas only.

Chaudhry I guess it all depends on the city or state we live in. I

@Yinglu Wang, as Sara mentioned, Little Rock, Arkansas is a good market to invest in.  I

We just had the bathroom renovated before they moved in. I

And after paying off the mortgage the money really started to roll in. I

What part of NY are you in? I

In the rural MN markets I work in I believe my "secret sauce" is all about my out-bound efforts be it cold calling, community networking or driving for dollars (yes, in that order).Also financing may be a bit tougher at first but with work to connect into local banking for portfolio lenders the coin will flip and you should have a much easier time on the $ side than major markets.

The market I’m trying to invest in is really slow right now and I’m really just playing the waiting game.

If the house you live in is a conventional loan, you can still obtain an FHA loan but you will need to live in the new home for 1 year.I would recommend that you use a HELOC only if you can refinance the money back after repairs (forced appreciation) to repay the HELOC off.

I currently live in California but in my current situation prices are too high for me to get in. I