Unless you have connections into properties that will be foreclosed or sold cheap, it's almost impossible as a newbie to be ahead of the game. 2nd thing is that the market out here is insane.

Plan to copy and paste to all the newbies that are misled but by fraud guru's.Here's our contribution, which may only apply to Metro Detroit market:1) S8 tenants pretend, or are idiots, that can't fill out their own S8 paperwork for FREE rent!

Most newbies should work on this first before getting into all the technical details of wholesaling or flipping.   

Sure, I'm a complete newbie but I'd rather have all my ducks aligned on the asset protection and tax-wise side of things before leaping ahead.

That isn't economical for a newbie just starting out, but I would do it if it was absolutely necessary in which I can't decide.

Here's some background that might be helpful: My mom died last year unexpectedly. She managed the real estate properties that my parents hold. My Dad has been investing in real estate since he was 21, but he has been ...

I am a newbie and have looked into RE investing for a long time.Last week, I have purchased a home through a HOA foreclosure in FL.

It would be a great lesson learned for us newbies just starting out.Sincerely,Joe

Would you suggest a newbie gets their license and buys in cash? 

Hi @J Scott, I'm a complete newbie here.One thing I was interested in knowing, at what point can you tell if a deal is too good to be true?