So let me decipher this, if i understand this, you have someone that wants to be an onsite manager but in return he wants some income, low rent on his apartment along with utilities and cable included ?

Curious how you would advise someone who has a low valued SF rental home, free and clear, to be able to pull cash out.

@Ryan ConklinBe very careful buying low end property from a distance.

It's okay if inventory is low - you're learning to look at deals through a lens others don't have.

But a low interest rate is, of course, important to keeping cashflow-positive, especially around here where purchase prices are high.

Look on the Southside (SE Jacksonville) for low crime + new construction. 

Is insurance really that low in Memphis($450)?

My plan is to buy foreclosures for a low (but modest) price, flip it or make some nice reparations, and sell it for as much profit as I can.

It's a lot of work for a low commission.

If you're replacing the flooring in the master bath anyway, go with the tile if the quality will match the rest of the room/house.