Just Starting in Tennessee

[Jacob Simpson]

My wife and I have finally agreed that we are going to wade out into the REI waters. Still in the learning phase right now, listening to BP Podcasts, reading articles, etc. The good news is that we have zero debt and own our home, so we've got some equity that we can leverage early on. We want to start with some small deals and increase as our knowledge and comfort levels increase.

Our current thought is to flip 2 or 3 homes in a row and then purchase a buy & hold property, then repeat that process. Thoughts on this approach?