Pretty reliable income and the tenant population is reasonably stable. 

I have roughly familiar with them but will explore each of these scenarios with a bit of study and see which one is frankly the easiest to do, while also being the easiest to explain.On second read, I also really like the land contract idea as that seems pretty close to what I had in mind since she owns the property outright.

RealtyShares has some positive features, including pretty good volume.

Address: 717 W Kaley St Orlando, FL 32805•-I looked into the crime rate, which seems pretty high online, so I am most likely going to shy away from Orlando, but practice doesn’t hurt •-I looked on craigslist and Zesimate and it looks like rent will go for about 1200-1500 for a 3bed, so I’m going to estimate 1200 to be conservative •-This property is also listed for 70,000 – I want to estimate 20,000 for rehab costs ( I am still reading up more on estimating rehab costs) ,but for numbers sake, I will use this number for now.

Also that is a pretty high price point for a SF rental in a city like Indianapolis.

When our most recent neighbor moved in he pretty much whacked off everything that was over the property line.

Wherever it lands is the area that is growing.All kidding aside...the answer is still pretty much the same.

I  mean I buy vacant land.. and other non cash flow deals.but I have a way to value add ( build on them) or a pretty strong idea that path of progress is going to run into us.really depends.. and I agree building wealth at 100 to 200 a month at a time.. you take on a ton of debt for very little actual return..

Phillip, this looks like a pretty solid deal to me.

Our house is in Spring, Tx and with the growth that's been going on in Houston, I really think the long term housing market is pretty solid.Monthly Expenses:Mortgage Payment - $1,042.85 (Includes P&I, Insurance, and Taxes)HOA Dues - $45Repairs/Maintenance - $257 (Roof, HVAC, and Water Heater are from 2016 - plumbing is all galvanized)Property Management -  $160Total Expenses - $1,504.85Estimated Rent - $1,600It's a pretty thin estimated monthly margin of $95.