Hi all, I am new to investing and thrilled to get going.

I'm making the best out of  a sticky situation however oddly thrilled I'm getting to learn and be able to show commitment.

I dream of spending my days relaxed and excited to find another deal just for the thrill of it.

I saw some numbers that I was not quite thrilled about, and I was wondering if anyone here would be willing to share what kind of numbers they are looking at in terms of rehab costs.1.

If you are into buy and hold, there are a lot of great reasons to invest here: huge military presence (average person moves every 3 years), potential Amazon fulfillment center in Suffolk and Norfolk Resort Casino.  

At a high level the purchase process went well but i haven't been thrilled with property management.

Include a due diligence contingency that will allow you to back out for any reason (including just not wanting the property anymore).Keep in mind that your agent may not be thrilled with you doing this, as it makes him/her look bad if you consistently back out of deals, but legally, that's how you deal with the situation.

Motivation: appraising is boring, it is a job even if you are self employed, commercial appraisal is not scalable, and does not create wealthRE investing creates wealth, there is the thrill of the deal, and I want to be an expert in finding deals before I make my own investments.

banks will be tough...if the property is truly worth 300k, i'd get in touch with private lenders or a hard money lender..the payment will be a bit higher however..but any lender should be thrilled to be in first position with a 30k mortgage on a 300k property...if you screw up,they get a heck of a deal..and if you pay it off, then they get their interest just like they wanted in the first place :)

The rationale was the buyer is gettng the property for at LEAST 10-20% under market value and because they are thrilled with the price the fee wasn't an issue.