Can I put myself in unknown scenarios and grow as an individual on a daily basis?

My worry is not being able to go into the home and bidding on unknown renovation costs.I’m going to at least attend the upcoming auctions.Any conversation would be very appreciated!

I’d say the biggest thing that holds back MOST new investors is just simply being afraid of the unknown.

As for my other thoughts, given your stated situation, why are you wanting to manage an unknown market from a 30-45 min drive each way?

You'll get better as you go, but so so so many people use fear of the unknown as an excuse to never get started.

They will be gone before they can get a big case, they will stay with little cases.So if you are like my case--where some unknown people from one company used my SSN for several people at several different locations of their plants--and I knew nothing of any of it, I am still stuck trying to prove I claimed all my W-2 income. 

Giving that up for an unknown seems more risky to me...Option 5 – You would need to be able to parcel the units out individually and your traditional lender may have an issue with this.Option 6 – Would $75k in profit fully pay off at least one of your first position notes?

Dependent on location, this could even be a short term rental with higher cash flow than regular rent.Good strategy or too much risk with unknowns?

The toughest part with REI is the unknown...

For those mortgages and lines of credit with variable interest rates, if you've done a great job buying, the rising interest rates have a minimal effect on cash flow.People who cite a fear of rising interest costs as a barrier to access are really stating a fear of the unknown that paralyzes them from acting.