Also, you get grandfathered in at that lower price, so when prices go up, you don't pay more. 

Currently when the renovation costs are included we are seeing all-in costs of $1800-2500 per m2.Credit is still not practical, although the central bank did lower interest rates 0.5% recently.

If it's a very low level task (ie: demo) hire some college kids to help around $8-$10/hr.   

The rules to Fannie/Freddie loans is that you have to loan in a person's name. 30 year fixed rates here with a lower rate than other loan types.

High level process overview:Put the property under contract with the owner.

Cities do much better if they disperse lower income housing more evenly throughout a city versus building large mobile home parks.

Changing to Craigslist could result in more vacancy or possibly lower nightly rate which would equate to loss of income. 

There is a good equity position and stable tenants, I just need access to lower cost of capital for a property like this to make these properties cashflow.I am willing to do them together or separate or lumped in with another residential property that I currently own that is cash flowing around 550 a month over the mortgage as well.Thanks in advance!

I'm also not quite sure if the property values in the higher crime areas will rise at the same level as the surrounding towns. 

Behr marque can be used at lower temperatures.