Also, there are companies that provide leasing documents for super low cost or Free with a 7 Day Trial.In all my leases I maintain a 90 day Owner Termination Clause, A clause regarding arbitration for disputes, A 30 Day Marketing clause of the property. 

For example if it is a three bedroom and they all have reasonably equal rooms and use of the house, you would take 2/3rds of the expenses (mortgage interest, depreciation, repairs, utilities you pay etc) as reductions to rental income on your tax return. 

Lakewood has a lot of doubles, but $100k is low for that area unless you get a full gut.

Getting a lot of low balls but traffic is steady.A contractor friend has asked to buy on terms.

How low can you go?

I offer a small discount for newer, low-maintenance homes or for multiple properties (three or more).

We've been in the home about 3 1/2 years and think there is a real opportunity to purchase the home at a low prices update it and sell it in a few years. 

Or just enjoy the low taxes until their next assessment? 

-Less than 20k of loans (very low interest rate)-18k cash, and ability to save moreMy income is around 70k per year, and I think my max budget for a house would be around 350k (open to critique).

I am indirectly conneted to them and it sounds like they are great people although I haven't invested with them.I don't invest with them because, even if they give investors the advertised returns, they are way too low for me given the risk.