All that said, I have not found a good way to put lawn care and landscaping on autopilot so it's looking good if the tenant won't do it (most won't).

maybe this is one of those "duh, everyone knows that" things, but just in case, i'll share what i discovered today.i couldn't find my black marker to put my number on my for rent sign. so i decided to print my number on paper then cut and glue it into the white field of the sign.during this, i noticed something:FOR RENT and FOR SALE BY OWNER signs you can get at walmart for 67 cents are the same width as regular printer paper and just a bit longer.so, i typed my phone number into Word, set the landscape mode in 90 point font (then using 10 point font, adding some enters until the text was at the bottom of the page, left aligned. printed a sample on paper to make sure it lined up with where it would fit on the sign - perfect!

I just found out a nifty way to fix plaster walls without replacing them, which basically involves binding them back to the lathe backing.So, my understanding is I Need to price land, moving costs, foundation costs, permits, utility hookups, renovation/landscaping, and then sell/rent this thing into bigger pockets :)Let me know what you all think.

Brad,The home needs the kitchen rearranged with backdoor moved to another room, full and half bath update, new windows, carpet, paint, landscaping, door replacements, and a air conditioner. 

No paint, didn't do landscaping, etc.  

While I was working at a Beverly Hills based investment group a year back, we quickly realized that the landscape at foreclosure auction was extremely competitive.

I'll definitely look at those statistics more closely when looking for pressure. 

.- I am no expert on rehab, but here is my best try:- Upstairs: clean/paint walls, paint cabinets, remove carpet in living room & refinish hardwood: $10,000; new window trim: $500- Basement: minor mold remediation: $1,500- Exterior: damage to wood panels above front porch: $500; landscaping: $1,500- CapEx: roof: $8,000; furnace: $3,000- Appliances: refrigerator: $800; microwave: $200; dishwasher: $400; W&D: $600- Miscellaneous: clean-up, etc: $3,000- Total: $30,000Now, let's say I pay full price at $40,000 w/ 25% ($10,000) down.

I am also a Brisbane investor myself and a very small-time developer (small subdivisions and renovations for profit).I would love to provide you with information and advice that would be of value to you at any time I can help you with independent but expert market appraisals & rental appraisals of any property you have your eye on, as well as suburb statistics like capital growth history, rental growth history, vacancy rates median sale prices and median rents, for helping you choose which suburbs to look in. 

Drywall, roofing, landscape are going to be at the low end of the spectrum.