I am thinking about creating a fund to purchase condos in Florida where we offer 95% off the current value with the goal of acquiring valuable land cheaply to rebuild new.

That's why I recommend investors find owners or their heirs if the property seems to be abandoned and buy quitclaim deeds from them if you can get them cheaply.

The type of rentals really dictate the spend and quality; material selection for longevity for sofas, and chairs, may be something to consider, whereas you may be able to cheaply put together decor and artwork that fit the space without looking to hard.

Our Architect recommended them saying it would be hard to build as cheaply as they can.

Have you figured out how to dispose of mattresses or tires cheaply?

Do you know the exact market rent so you don’t sit vacant if overpriced or rent it too cheaply?

Instead of rolling it into one pricey property, you can definitely break it up and target lower-cost markets — places like the Midwest or South — where you can scoop up multiple single-family or small multifamily properties.Now, about the BRRRR method (buy, rehab, rent, refinance, repeat): it works great if you can buy low, rehab cheaply, force up the value, and then refi out most (or all) of your cash to roll into the next deal.

You have to attract interested parties that are willing to sell you their property cheaply because they need to vacate ownership for one reason or another.

A house is bought very cheaply with cash or private money.

Thinking this can be done cheaply, painlessly and fast.