Look on the Southside (SE Jacksonville) for low crime + new construction. 

Is insurance really that low in Memphis($450)?

My plan is to buy foreclosures for a low (but modest) price, flip it or make some nice reparations, and sell it for as much profit as I can.

With the job I have, it's kind of my escape on my way home, especially on days where I take an absolute beating so I jumped on the laptop and searched, "what requirements do banks require in order to finance a beach rental property?"

It's a lot of work for a low commission.

With carpet, I usually go with one of the more expensive carpets instock at Lowes, and upgrade the pad.  

I'm not a CPA, so I would absolutely seek his or her guidance before doing anything.

A investment colleague was telling me the absolute wonders of master lease with a option fee paid up front.

Buy anyways, she tried posting the property online for as low as $45,000, and even found a buyer, but the buyer did not have any any money and wasted a lot of her time. 

For a low-income senior, it will certainly be higher.