I'd start small and just try to learn the game of flipping. 

The market kinda froze on me.When I bought it I calculated an ARV of 300K, and got an appraisal for 275K (for the condition it was in, pre the 80K rehab).Looking at comps now, I'd be lucky to get 220K for it.I'm trying to decide if I should wait, or get out and cut my losses.

One of the things I'm trying to figure out is if I'm better off getting a few lower cost properties or on higher priced property. 

Or cut to the chase and try to get my team set from day one and learn on the fly?   

Quote from @Nick Henry: Hi there - I am starting out in real estate investing and am trying to build a portfolio of rentals that can produce enough cash flow for me to eventually leave my job and make real estate my main job.

As soon as I finish the lake house project I have a 1-1 condo that I can get cheap that I was going to try to concept on. 

It’s not just about spotless results (though that’s a must!)

@Nick Rutkowski no good deed goes unpunished by desperate people:(We try cash-for-keys (CFK) all the time, but tenants always think they're smarter than us.Most are so ignorant, they expect the funds BEFORE they move out.NEVER!

Definitely want to do things right, sorry if it seemed like I was trying to skirt around the law 👍🏻

My name is Ken, I'm brand new to real estate investing, still trying to learn more about the in and outs.