This is really the inexpensive variation on a reverse construction exchange.  

There are some inexpensive SFRs in Suffolk that I'm looking at now that aren't as old and in better neighborhoods.

Basic maintenance/tune up service is usually pretty inexpensive.

I'm glad to be a new member and curious how other people got their start in expensive areas.

I'd definitely encourage you to come to the Omaha REIA, it's really inexpensive and will give you a chance to network with other liked minded folks.

It looks like you have a great income property in from of you for the future and a very inexpensive place to live for you in the short-term.

Hello Arun, Cleveland is one of the best rental markets and the most popular for investors because of high rental demand and low cost of entry, property prices are pretty inexpensive here.

They are inexpensive so tenant and buy new and replace if so inclined.

George offers some great inexpensive training occasionally. 

At current construction costs (by the way, I hire a small Amish company to do the construction and buy materials from another Amish company, and have an inexpensive electrician - so my costs are pretty low in comparison to others), you will likely be able to buy at a cheaper SF rate than building.