Request for Dallas/Fort Worth Mentors

[Carl Hunt]

I am building my Real Estate investor business this year. I would like to gain knowledge from a few Dallas/Fort Worth area investors who would act as a mentor/coach. I have my first deal coming up that is being offered by a Real Estate agent from Denver on behalf of her family. It is a 2 bedroom/2 bath 1949 home (1300 sq ft) in Dallas for 75k. I ran the comps on homes in that area (Zillow-Trulia) and they come back in the ballpark offer. I plan to offer 52k that is 70% of the ARV. I want to flip this property since the agent stated that is possible for this home. My issue is should I get a hard money loan including a few thousand for basic painting and yard work and sell it for a more possible profit or should I just "flip it" for 5k to another investor? I'm not sure if this is even a "good deal" to flip or not without a mentor's review on what else do I need to checkout on this deal? I want to get in contact with willing mentors by email or phone. I want to maintain a few instead of just one since I know "time is money" when investing.