Both options sleep two people, so focus on the aesthetic and over deliver in other ways to your guests.

Don't know which market this is located in, but the only thing I'd be consistent of is making sure you're conservative on the rent. 1,600 in rent seems high for an 83k property but I could be completely wrong. 

third question is even though i dont have the capital should i analyze properties using the rental calculator on  consistant basis leading up to my first deal?

Earnest money should be available immediately and if a buyer doesn't deliver it with an accepted offer within 48 hours, that would be considered beyond a reasonable time frame. 

I am a retired financial planner (more like disenfranchised), and I deliver a lot of CE courses to RE agents and their clients in Colorado, and I'm always thinking of helpful ways to explain real estate and financial concepts.

What is a suitable monthly budget to start a constant and consistent deal flow?

Search through the forums here to see different threads on different avenues to pursue for lead generation.Just like with direct mail though it takes organization and consistency to make any lead generation vehicle not just work, but work great!

Hello All:I found a deal recently that delivered great cash flow (even at the 50% rule).I made an offer which was accepted and I was very happy.I have moved along with the deal and the appraisal came in about 10% BELOW my offering price.I am aware of all my solutions, but that is not my issue......I was perfectly happy to buy the deal at my offer, but now the low appraisal has me DOUBTING my original offer even though the numbers are solid!

I delivered all the guns and ammunition to an auctioneer this morning and we anticipate it will bring in $30,000 or more over the next couple months. 

Apparently consistency is an issue.