EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

You will probably want to engage an engineer to provide an engineered plan for the lots and attorney who frequently presents variance cases.

The less you "do" the more you have time to educate others.  

[Disclaimer: This information is a service to Clients and other readers for educational purposes only.

Montse I'm here in Rotterdam...working on renovating a 3 unit townhouse and gettting an expensive education on the Dutch construction industry...

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

., and getting familiar with each zipcode so when the next lead comes up, you are much more educated to handle a conversation or pitch a solution. 2.

If you cant close the deal without borrowing money or selling stuff (which both frequently take time), then its not a cash offer until those funds have settled in your account.If you are going to borrow money, a 15yr or 30yr mortgage is probably going to bring the lowest interest rate available.

After two years your only profit will be the education you gained. 

I started this a little over 3 years ago now.I think thorough research, and data will help make educated decisions, and the real winner in this market is finding a mix of at least 2 of the four:  Off market discount, fixer upper, lowball on market offer, or seller financed/subto.Also if you are planning to do it in a populated area I also think its good to take on the idea of not cash flowing for a few years, and also considering air bnb if you want to reduce costs even more.