I started in the business back in 2002, and came from a tax accountant background (real estate is infinitely more exciting).

Though unlikely, your exposure to loss is infinite. 

I am currently reading real estate investing by magraw hill and my local book store had an entire shelf of litature on the matter.

I do not have to pay a funding fee, so it is quite literally infinite returns for each property bought that way.

Or, you could use the BRRR strategy to get infinite returns.

We've encountered houses here in Georgia that were owned by estates and in some cases, the kids can't agree as to the disposition of the property and I've literally seen houses fall apart over the course of several years while the family squabbles were taking place.It's much drier where you are so hopefully the properties have a longer "shelf life" but around here, an abandoned home doesn't last too long.The municipality there probably wants their property taxes so maybe you can find out if those are being paid and by whom?

Good to know you have taken your first and best step in joining Bp and your returns are going to be infinite amount of education and advise from fellow investors. 

Got another "shelf loan" with my local community bank. 

I just pull some off my shelf and get er done. 

Your CoC returns are then infinite, my ugly old house just became a house people are fighting over, I sleep AMAZINGLY at night because everything aging is new, and its an easy sell when you can show how much went into a property that will make for the next owner to sleep well too!.