Its bones are good, it's in a fantastic sought after, no crime, quiet neighborhood. 4 bedrooms, 2 bathrooms, 2100 square feet, just needs cosmetic upgrades but nothing major and college kids don't care about that.

Because they can understand the true cost to renovate a home and know the numbers so they know what they need to get it under agreement at, make some $ and leave enough meat on the bone for whoever buys it

It needed a lot of work but had good bones, so after looking at a LOT of places, I took the plunge. 30-year conventional with 20% down.

Ok, now that you have taken your initial step, below are some quick links to get engaged.Since you never mentioned a niche of interest, below, are three links for your review and selection of one or all.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/forums/categorieshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Here is a link for ya: I quit my CPA Job to buy Large ApartmentsRe: renovations, the bones and exterior of the asset are solid.

There was a little bit of scar tissue from the experience but I am certainly open to partnerships again now however it will definitely be clearly structured and fully in writing through an attorney.

Good bones!

(He's a TERRIBLE guard dog tho not a mean bone in em but shhh people don't know that ) 

The bones of the building were in good shape since all of the plumbing and electrical was up to date.

Assuming the bones are good, I'd probably offer 250k for it as it is, but if the seller would entertain terms, there's another couple choices I was going to present