This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

@Trent Davis- This is on a slab foundation with a crawl space. 

We fixed the foundation and the flat roof issues with pooling water, and rents didn't meet the mortgage just yet.In 2023, we finally started to cash flow.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Your top-notch experiences and resume will provide you with a strong foundation in real estate investing. 

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

What if the smell was coming from a broken sewer line that was back-gassing into the unit, as well as leaking all around the foundation and rotting wood beams.

You can save and have a foundation to do your first fix and flip

They will do a slap dash job on a house that still has a bad roof and foundation in a neighborhood that will see zero appreciation. 

Quote from @Bruce Woodruff: Quote from @Jonathan Greene: I think people try to get mentors too early, when they haven't built a foundation for their business or their relationships.Yes...... but I find that the people I work with have problems even getting that foundation started.