You can, after all, spend time researching investments and pushing the buy/sell button on your stock trading IRA, as a comparison.The issue becomes one of scale. 

Doable, but you’ll be spending a lot on closing costs times 22) find some private money.

Gamble on Magic Johnson coming in and the area appreciating.  

Obviously, this means you'll have to spend some money, but the results are worth it (in my opinion, and in my market). 

Think of this as your "due diligence" if you need to spend a few bucks to talk with a local real estate attorney (although some of them do give free initial consultations).https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.html

I will always have a max number plus 500 .. many times everyone is backing into basically the same number and u can win the property by just spending a few hundred more. your not going to turn the deal down over a few hundred right.if its on line auction winning the bid just means your now in contract to buy.. and its a normal escrow after that.you will never work with the bank you work with the auction company.

You could always spend a little more energy, and email the bank asking them to add more rows for you.

OR Hire a really experienced Realtor that specializes in Investment Real Estate that has gained valuable contacts over the years that could provide you with access to their resources for free OR Work directly with a Real Estate Investing company with decades of experience that can provide you with access to their contacts for free2) Finding a deal: Here's a few ways to go about that - You or your agent can search the MLS and crunch numbers on property advertised on the retail market and hope to find a deal that all of the other real estate investors in Texas may have missed OR You can attend auctions and try to outbid all the other seasoned investors there only to realize if you win then that means you paid too much OR Have random wholesalers send you the one off deals they get under contract OR spend the time, money, and energy in trying to become a wholesaler yourself OR Work directly with a Real Estate Investing company that can send you the largest source of deeply discounted property sent directly to your inbox in the form of a daily spreadsheet.3) Estimating Rehab, Holding and other Costs: Read FLIP by Rick Villani and Clay Davis and The Book on Estimating Rehab Costs by J Scott.

The plumbing, even if they didn't disclose, you need to prove they were aware of it.Lesson I have learned is if buying older properties, spend some money for a sewer scope as part of the inspection.

I would spend the money to instll individual on demand electric hot water and transfer the costs to your tenants.