I easily make $5k on my cheap homes because I'm double siding it.

I'd definitely be curious about the condition inside - and check the metal roof also - they do last a long time, but when they fail, it's not cheap.

The cheap 30" vanities from Home Depot are less than $100.

Dirt cheap.

You can get it done as cheap as $1k and hope for a "default judgement" and or the tenants flying when you post the notice to pay.P.S.S.

Every contractor should have a MITRE saw  I use it for everything I do and you can buy A cheap one for 120 bucks..

It's funny you mentioned  condo ownership,I talk about that all the time especially seeing you can buy some cheap.

If your circumstances are such that you can purchase a property using FHA, live in it for a year, buy a new FHA home, and rent the first one...lather rinse repeat up to the max allowed FHA insured mortgage holdings...that's a really cheap way to get into buy & hold REI. 

For example, unless you have access to the right databases (you need several and they are not cheap) you can't even properly qualify a potential tenant (credit history is not the important factor).

Anyone have any cheap ways to cover up those light colored scratches on dark wood colored vinyl?