From what I’ve heard, it costs around $1,000 to initiate an eviction with an attorney.

The lender will charge a ridiculous amount up front to close, but that comes out of the LOC, so you still end up only putting in the initial deposit.  

Doing a 70% cash our refinance allowed me to get our initial purchase and renovation investment.

Focus on finding a replacement with strong tenant screening processes and performance guarantees.

They do a good job of regularly releasing episodes and they frequently talk about starting out with their initial capital pool and growing their business. 

Most of the easy "lipstick on a pig" transformations are gone - you're often looking at more serious rehabs to make the numbers work.That said, we do have some advantages: strong rental market (lots of students, young professionals), still relatively affordable deals, and good appreciation potential in many neighborhoods.

The initial plan is a 1200 sf build out with plans to expand back away from the cliff later as finances and interest rates are more favorable.

It seems, obviously, that the method is strongly focused on the refinancing of the property post rehab.  

If you have strong market knowledge and the ability to find deals, working in acquisitions for a syndicator or a real estate private equity shop could be a good fit. 

In short, having all the conversations and commitments in strategy, setting up LLC and all the fun docs of who's doing what, and I'd suggest even getting initial funding into account for at least EM.