But my excitement quickly turned to horror as: Unknown property conditions of 2 occupied unitsOlder, possibly original, electrical wiring that needed updating immediately (vacant unit had 1 electric outlet per room)Seller is deceased, estate now held by sister who lives in New York, who has never visited buildingPossible water/roof damage as warping and thick cracks appeared in stairwells/wallsOlder, leaking windows Questionable plumbingBIGGEST DEAL KILLER: EXPOSED ASBESTOS WRAPPED AROUND ALL PIPES IN BASEMENT!!!!

You need to take action to begin the process, and when you are in the thick of it and run into issues, continue to take action to move forward, even if it means making adjustments to you planned course of action--e.g., firing a contractor, making changes a materials / layout design, addressing unforeseen issues that come up (e.g., plumbing), etc.  

Originally posted by Ejaz Syed:Guru's I joined this forum today and read through a couple of postings all of them are extremely interesting but what I did not understand is how can you RE- Sell property without investingFor a new investor like me do you guys have any suggestions on where I should acquire more basic knowledgeI have just moved to the DFW area from VA ThanksEjazJust mess'n with ya some, you need thick skin in RE and a sence of sick humor....Ned gave you the low down, buying without money though is not quite right.

The ones with the thick felt liners.

found when I made some marketing mistakes in the past, all it takes is a voice mail (in a super thick Indian accent) saying "Hello, tech service", "sorry, what that is you are saying".

My biggest lesson was a $7000 unplanned expense when I learned that the entire sewer system under the house was filled with roots so thick that I had to pay for complete replacement from underneath the house to the street. 

I know you have to have a thick skin for real estate, but this is a mix between and spider and a worm..... the most disgusting things on the planet.How do I get rid of them?

They are 8mm thick.

Either paint it or go over top with 1/4" thick drywall.

I have the big 4" thick filters that are good for 6 months.