I can't wait to get started but honestly have no idea how to. I

So I have been driving my target area a lot on marking properties that are distressed and/or vacant that would be great to rehab. My question is how do I approach it from here? Mailer? Flyer? Phone call? I know callin...

Is there a past blog post you can point me to? I

I know I definitely need to peruse some of the other forums, however I'm assuming having three months mortgage set aside to cover tenant vacancy would be somewhat adequate( I know it's probably not ideal, but I could maintain the additional mortgage short term on my salary if I needed to)? I

So understand who you are selling to.   I

What @Jay Hinrichs and I are referring to is properties that can bought at discount which can be rehabbed, and resold for a satisfactory ROI.

They have an owner finance deal going on with turn-key properties.I plan on putting some money down, but I don't want to put 20% down and pay for the complete rehab (if I don't have to). I

Elbert Dockery correct me if I'm wrong, but I am pretty sure the 4% he is referring to is that his gross rent is 4% each month of the total purchase price of the property and not ROI, IRR or COC. 4% doubles the guideline that a "2%" property is a good deal, however I think cap ex is fair concern.

The locks are not much more than the ones you see in big box stores.BTW, your latest post that the bathroom door gets jammed to is suggestive of a needy tenant whose current needs include a can of WD40.

The buyer you eventually sell this to is going to ask the same question - how do I manage this?