we have an tenant who is 36 she works two jobs and had medical expenses for an emergency room visit.

After the initial expense I'm still looking at an older roof, windows, and various other needed updates, not to mention what I haven't found yet.

The kind with low money down but you have to live there?

Milwaukee has not been easy to BRRRR for the last 3 years: with ultra low inventory sellers just did not have a need to give a discount for condition.

POHs are more expensive and have higher turnover than a community with tenant-owned homes.Here are the ways that I turn POHs into TOHs:1.

It is super expensive here, isn't it.

But even our most expensive plan is not even close to $250 a month, unless we are doing your bookkeeping for you. 

Purchased various sheriff auctions, short sale, and just low balling.

@Deonte Hill- thanks ....assuming the property will be a  1 unit  investments  proeprty - there are loan programs that allows as low as  15% of price as down payment ...( so  30K  would be needed for the  down  in your  plans)  ...if you plan to  buy and  live in the property - there are many programs  that allow less than  5% of price down payment .   

Just make sure you're keeping all the receipts and records straight for those fix-up and staging expenses.