Yes you need to research and spend a couple hundred bucks on learning the system but I think for beginners it is our best bet.

Buyers list- your best bet is to show up to every local REI meeting you can, cause that's where your buyers will be.

You can find all kinds of contracts online, but any seasoned investor (and real estate agent) would strongly encourage you to have it reviewed by an attorney prior to use.Oftentimes, off the shelve documents work fine... until something goes wrong and then all bets are off.

Bets of luck with your investing career!

bets of luck and thank you for sharing.

I bet us going to see the property that Saturday set off the people waiting to buy it and they finally moved on it, as it had been on some listings for 4+ months at the lowered $200K price.

Best bet is to become friends with other local owners.

I I chose R-20 as I felt that was safest bet considering I couldn't live on the property otherwise and it would put the originally staircase in jeopardy.

Having an additional 10%-15% of your rehab budget for cost over runs is always a safe bet, and then there is the monthly carrying costs.  

Buying your own home will reduce your taxable income(a benefit in the now,) and will give you a more certain understanding of future housing expenses, and may even give you and your family a sense of security, but in order to be a better bet financially vs. renting, you practically need a high level of appreciation.