I would threaten to file for eviction because that makes life pretty miserable for renters.

You need to work on the budget and your savings.

You don't even have to redo the files, as it should take your old files in the upgrade and automatically convert it.

@Jeremy Turner, Ya, i have been very cautious with what i want to do with my savings, i have been kinda crushed a little lately with the downtrend in crypto as i had been investing that way and been doing great for over a year, but right now im just holding for the swing back up (hopely), most of my bitcoin was valued around the 9k mark so im down about 30%, but i do have some alt coins that are offsetting that amount greatly, so im nearly balanced out on what i have into crypto, so i could get out now and probably break even, but i have hopes of it heading north again. 

Based on my income + about 70k in savings from selling non-performing properties i have been debating a few ways of going...I have been keeping an eye on MLS listings since i still hold my real estate license for the past few months and Craigslist for cash deals, but i feel the prices are just terrible right now on your typical 3/2 rental properties...Option 1: Should i keep looking for 3/2, 4/2+ under 150k deals for rentals in hopes of something popping up?

At least by being up front from the beginning, you can all save time.As for us, we use the typical formula of 75% ARV minus rehab costs.

I do almost all of my maintenance and what I don't do I have long-term business partners handle according to my specifications -- lasting fixes when necessary, high-quality paint that can be touched up repeatedly, Whirlpool appliances, hardwood and tile I do myself.I am on the electrical board and the outlets, I am on the roof, I am inspecting the windows, I am on the gutters all the time, I am liberal with the weedkiller concentrate, saving myself money in the long run wherever I can.What happens when you're extended from here to eternity with 75 SFR and three furnaces die in the first heavy cold snap?

He said he's been living with family since graduating college with an engineering degree (he's 24) and has socked away savings, I failed to ask how much. 

I recently started listening to the BP podcast and I’ve become extremely motivated to start diving into real estate investing.I’ve been sitting on the sidelines for about a year because I’m younger, 24 years old, fell on hard times (injury put me down for 7 months), I fell into a fog, trashed my credit, foolishly filed for Bankruptcy even though I wasn’t in a massive amount of debt (30k) and I ended up deeply regretting doing so.

Someone who is saving cash to make a deal in MN work is not likely to be a player on a buy and hold deal in San Diego :)I am spending more time working on off-market deals and looking at commercial listings.