But please avoid that extremely cheap Home Depot laminate.

You can buy the vacuum sets pretty cheap and there are a ton of videos online on how to do it.

Our NYC rent is cheap ($500/ea), so we are happy to continue renting for now.Let's say we have $60,000 in our life savings, and let's say we'd be willing to spend $30,000 of it on a real estate investment.

In contrast, in nonjudicial states the processes a couple of months and very cheap.

eg if you buy cheap flooring at Home Depot yourself, and have a handyman put it in, it will be less than if you have a GC do everything.do you have a network? 

I owned and sold/rented a few mobile homes, and somehow today I came across mods and am now binge searching all day.I'm out in Cali, and out in the inland empire land is cheap. 

So, if you buy a SEVERELY distressed property in a cheap market for $20k, invest $20k to rehab the property and it appraises for $80k, you can refinance out $60k (75% LTV) and have MORE money back in your pocket than you started with.

Buying a cheap, random property in the midwest just is not going to do anything for you.

LLCs are cheap in New Mexico ($50, plus registered agent fees)2.

In Iowa, it is quick and cheap.