Inspection reports and appraisals are helpful but aren't a cure-all.

Its a cheap and easy way to get some education and experience that will serve you well.

I guess a few others could have stayed to encourage and educate the new investors for whatever reason.

Typically, I also avoid paid education because there is so much free content.

Nevertheless, my question is the following: How do I run a proforma correctly so that from a distance I can run numbers and know I have an educated source calculated to make a deal happen and not fall through.

Older homes that aren’t elevated could suffer major damage when the next storm hits.Many expect market saturation in the coming months, as flippers are snapping up flood-damaged properties.

I recommend you educate yourself on how to screen an ESA before someone takes advantage of your ignorance.

Quote from @Michael Klick: Quote from @Jonathan Greene: HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?

Agree that experience is the best education.

Currently, agents aren’t significantly rewarded for showing rental properties to potential tenants.