While it's tempting to just jump into the deep end of the pool, I think that ultimately you'll go much farther with a solid foundation of knowledge and skill.

This leads to me to think there would be a good amount of Lonnie deals around and maybe I haven't dug deep enough but the majority of homes in my area seem to be selling for $15k, $20k, up to $50k.

They have reclaimed land off the coast (not very deep) and have developed what looks like a palm tree that can be seen from Space.

My guess is the owner has this relative that is the tenant, and the tenant is a spendthrift or deadbeat; so the owner is hoping to be relieved of the problem house, and still have housing provided for the deadbeat relative (but this owner no longer wants to be the housing provider).

I will say, you should get a deep, deep discount by buying twelve homes.

I'd suggest, unless you have deep pockets, to start smaller, a 4 plex owner occupied can go to FHA as a first time home buyer, a tri-plex or duplex.

No clue on how deep as we haven't been to the property yet.

Our cleaning service comes every Tuesday, so I make sure the house is picked up so they can do a deep cleaning.

This is your 1st transaction and you are way too deep in this transaction.

While you don't need to be an expert to manage a small finance office day to day, you better have expert sources to go to as those with limited knowledge are swimming at the deep end