He is very old school and too cheap to spend on any marketing. 

-Liability at $500,000 (it's a cheap upgrade to almost double what I see mostly at $300k)Let me know if you'd like help getting pointed in the right direction! 

Renter policies are cheap and well worth the cost for the tenant.

Also, isn't $655k cheap for that neighborhood (is this a tiny studio)?

At this price, maybe you buy a cheap car and throw it in for as a free rental as part of your value pitch.There is a ton of potential here.

When we were down south there were "cheap" houses but the houses were really old and the taxes/insurance were high!

Therefore the land is cheap and you will be spreading that cost over numerous mobile homes.2.

Tell them you are willing to work cheap in return for the experience. 

I'd much rather let lowes set up the contractor stuff since its a lot more reliable and if they mess up I know they're fixing it for free.I've thought about doing laminate more but that ends up $2 for laminate (I can't put in that cheap $1 or $1.50/sq ft stuff - it looks and feels terrible) plus $2 for install.I'd rather have carpet.

There are several area where I would never buy a rental house...unfortunately, it's easy to buy a cheap house there and sell it to out of state investors as a turnkey deal when in all reality it's a piece of junk that will end up costing the investor thousands.2.