After years of watching Grand Designs and practically every renovation show I feel comfortable in my vision of how the property will look, and the steps that need to be taken in order to achieve that look.My niche market that I have decided upon is  "Affordable Luxury".

I’d rather buy a house for 50 grand and make 800-1000 a month in rent equating to 300$ Positive cash flow per month in my pocket and have the tenant pay it off free and clear for me regardless of the economy ...then to spend 300-400 grand on the same size house in a hot market , have negative cash flow each and cross my fingers it’s still worth 400 grand or able to be renting when the economy is in a crisis.

your goals while commendable are not realistic the only way you do what your describing  10 million etc. is to become an operator.. and big time one at that.. real estate is a LOOOOONG game  not sure what or who put it in your mind that you could go from zero or basically a few hundred grand in seed capital to 10mil of free and clear props in 10 years.you may want to rethink your goals and get just a tad more realistic..

And in the grand scheme of things, it's not that long a run.

Obviously if you're a non-REPS, consult your accountant  Lol, maybe should have lead with that... us mere mortals can't take take RE loses against our income so they pile up until we sell when deprecation recapture comes a knocking.Also should probably mention mention you need to pay for a cost seg study, which are a few grand. 

So what's best for them....a few grand or nothing?

This sealed off the dust, and gives a grand storage/workshop area,   HOWEVER, it also sealed off the airflow, with the result that any dampness wicking through from the outside soil makes any nearby surface mold heaven.

I dont think marriage is all that important in the grand scheme of a relationship.

Purchase price: $538,000 Sale price: $1,350,000 Completely Renovated, Stunning 5 Bedroom, 4 Bath Center Hall Colonial features a Grand Marble Entry Foyer, Formal Living room, Dining room, and Gorgeous State-of-the-art Kitchen with white Custom cabinetry, Carrara marble contrasted with a beautiful navy-blue glass backsplash, sliders onto a huge two-tiered deck overlooking a private wooded backyard.

.$750/mo in debt service ($285 or so goes towards principal curtailment)For a grand total of $6,250 in monthly cashflow or 16.6% return based on the $450k cash invested.