. $87k per door sounds alot. you are getting a low return so you need better terms to cashflow. 

Wake up the neighbors.That low-life will be back and most likely take it out on your property. 

I have read some articles that speak favorably about this sort of investment and some that are unfavorable because the returns are too low.  

That being said, since you're looking for a second home to live in and not just rent, there are other loans with low down payments.

So, why not list that home and get a commission versus focusing on a smaller piece of the pie by trying to low ball them.

I have the money for repairs but would like to get into the property with no or low money down.

30k seems too low, unless this like a 1bd 1ba cabin lol

I have mixed feelings about them as do many seattlites,  but generally speaking they are more organized and better managed than the currently available alternative  (tents,  broken down RV or cars,  or piles of cardboard)   ---   I'd trade a larger tiny house village  for an equal reduction in the number of "unsanctioned" campers in an equal radius of my home  (and investments)  any day.That said,   I do disagree with the "low barrier" ones (which allow drug use/etc). 

From the money side of thing, it makes a lot of sense since its cheap, highly customizable, modern looking and low maintenance cost due to steel frame structures.Once we are done with the first big project this year, the following one will be simple and we plan to do more with right amount of funding. 

Look at home depot, lowes etc and find materials costs.