What we should be looking for is similarities in: square footage, amenities, view, age of house, rehab styles (all rehabs are not equal), alley vs no alley, through street vs cul-de-sac, corner lot or no, east facing vs. west facing, and 15 or other criteria that affect value.

Where I live, it appears people prefer the cul de sac that takes 30 minutes to get out of the subdivision style living arrangements.

As for your repairs- The de minimus for capitalizing stuff is $2,500 now.

@Eleena de Lisser thank you for the advice, I will.

You're confusing Wilmington, DE with the rest of the country. :) With the exception of the few years of the housing bubble, prices in this neighborhood of Wilmington have remained essentially unchanged since the early 90's.

@Bradley De comarmond.....1.

Ground up requires solar panels and usually appraise better, but modular homes are cheaper, require less on-site construction (usually 2-3 weeks only), don't appraise as high, and tenants cannot tell the difference.

De-leverage.The number one reason people lose assets and get wiped out during recessions is high leverage and not enough liquidity.

Quote from @Paul De Luca: @Landen ReedYou need to turn your interest into commitment by absorbing all the information in the materials @Nathan G. linked to, create a plan, and execute the plan.I believe the best way for pretty much anyone to get started to house hack to generate some momentum.

It needs to be de-titled  and be underpinned.