Get the snowball rolling and then we're off to the races.

Jump back up on that horse

I see mostly horses in Ocala.

My name is Alex, my wife & I are rookie investors and have just recently dove head first into education on RE investing.We bought our own first home last year, she runs her own business and I'm looking for my way out of the rat race & to be financially free to spend more time with our now 1 year old daughter, and jump into my wife's business full time (if she hires me of course).I've been researching all the types of REI and think I have it nailed down to buy & holds for residual income & wholesaling for quicker cash for what I want to specialize in.

It's easy to see all the 19 year olds on here with 100 properties and a $10 million net worth and think we need to catch up, but we're each running our own race.

I would live in a unit as primary residence.Talking to lenders about Hard Money to get title. 9-10% non-deductible interest during construction time without the rental income really stings, and is compounded by risk of higher rates for refi at completion of the work.Seems like I should either:  a) plan to race to get plans ready for a Construction-to-Permanent in order lock in a rate ASAP.  

Find an area with public equestrian trails, add decent living space, a paddock with a run in shed, enough room to park a horse trailer and you would have a very underserved market.

After that I was off to the races.  

Not at all realistic responses.As for the OP...There is no % rule to make an offer.. all you read about the 70% rule is complete horse crap.1) You need to deal with motivated sellers.

@Brandon StokesHold the horses.