There are a lot of idiots out there overpaying for deals right now...well...that always seems to be the case.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

3) How well prepped was your property?

And should I get a degree or any academic qualification to have more experience and knowledge about real estate?

Alot of unknowns as you don't have the ability to walk the property beforehand, but interesting process, and pretty good deals exist there.While the Trustee Sales are cash purchases, there are many hard money options that can turn over the funds in time for the 24 hour funding required to complete the purchase.If you are interested, let me know and I can go into more detail, as well as make some other suggestions for you to consider. 

So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

Well... they are who they are. 

best of luck. make sure you are speaking to a knowledgeable person in your area as you might be getting false information

Plus we also able to negotiate a frigerator (not part of standard package) as well as blinds for all windows. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.