Hailey -     Do your research, study your but off, line up your ducks, and go do it. 

Franchise agreements need to be studied carefully - often times they dictate when you renovate and how much you spend. 

And i just studied for the exam.

You also need to study your state landlord tenant regulations before you start you business.Plenty to learn, you are a long way from begimnning to invest at this time.  

Studies have been done and that is the average remediation cost.I have had the displeasure of bringing back 7 units from the stench and damage. $5200.

Jeremiah, here's my advice in a five-year plan so A) is patience:Year 1) start a single-member home-business LLC for FREE using bank bonusesYear 1-2) build a 720-800 FICO for FREEYear 1-3) season the LLC for FREE and target a 80 PAYDEXYear 1-4) save some cash by cutting back for a few yearsYear 4) study 10,000 properties for FREE and build a teamYear 5) target a small starter commercial project (4 units or more)using the LLC PAYDEX and 800 FICO when it's a buyer's marketrelying on good financials for the property more than your job6) rinse and repeat and SKIP RESIDENTIAL!!!

 @Mark Stephens Networking + lead generation + Studying 

I'm currently in the middle of getting my Real Estate Agent license and hope to have it done by end of year.i was studying my Law of Contracts material and i came across the rule (537.11) that states that agents must use TREC promulgated forms in a transaction unless the license holder (me) is acting SOLELY as principal or the principal (client) requires use of another contract and/or one prepared by an attorney.  

All in all im new to real estate I been studying for the past 3 years collectively and this is my first possibly deal, i just want things done smooth and correctly to familarize myself with the process for future comfortability and reassurance.

After 6 months of study and research and lots of hanging out on the BP website, I just recently landed a deal that I intend to be my first BRRRR property!