Don't spend any money on this until you pass it by a real estate attorney.

Of course in any market appreciation is a gamble.- Be aware of management costs.

You end up spending more time painting shutters the actual approved shade of brown than making money.Good Luck!

I can not afford to spend time on clients who are not exclusive.

You could make a decent profit because the house prices are so low; however, you could end up spending a fortune on eviction fees, repairs after a tenant move out, etc. because the type of tenants you would be renting to.

That he wants to spend the rest of his life, however long that may be, as a human being. 

As you do more deals, you have to spend more time, effort, and money to comply.

Rather than spend time looking for note investors, I'd recommend you look for private lenders or a bank that can provide you with funds at closing.

@James Xie I am not in the warehouse space, but it seems like you need to spend a lot of time researching the single tenant.

And I managed to not insult or denigrate how people choose to spend money that they earned.