People spend a lot of time and effort trying to find "subject to" deals.

Spend a few hundred hours in home depot.

So I thought how about the education market - universities - not college students but rather graduate and professional students (e.g. medical students who spend 4 years in one place).Targeted tenants.   

Which means I can buy 2 properties with my budget. 

I'm afraid to hazard a guess at the renovation budget.

it is getting a bit tighter/tougher for new folks but if you spend some time learning the process you can make some great returns.  

Save the $ you would spend on housing for future down payment.Rinse and repeat until you have as many units as you want and you can buy a SFH for yourself. 

Just trying to gauge if our budget, target area and projected rental income is in line with the area?

I live in the NE Ohio area about an hour south of Cleveland, but also spend a great deal of time in NW Ohio for college.

anyhow, my agent proposed this property to me purchase price $185k arv $370k with a $60k reno budget.