Using plugs which seems kind of cheap, or hard wiring into a light switch.

That way you bought cheap, don't have to get high end finishes and get a deal where the numbers work. 

Well, the day laborer prices are cheap compared to my area .  

Everything else we do costs money, other than driving for dollars and sending very targeted mail (pretty cheap).  

Not sure the need for cheap housing in the area but if so 16 acres would do nice. 

Its probably got more features than you need, but it flows really well and is cheap.

Other than that pools are a liability and they are cheap and easy to fill in. 

And it can work but it's not a casual thing it's very hands on.There are plenty of cheap houses all over the country that can get 5-600 or more in rent.

After several months of late hours, many calls, a few flights, trying to get in family time with cups of coffee in hand, while working a full time job we are currently in contract for a 6 unit building that is all 2bd/1bth units that are rented for ~$550/mo each for $220K.

Add in the fact that the HOA's can be mismanaged either being far too cheap when it comes to maintenance or far too expensive and I'm out.