I am looking at a multifamily house built in 1925 with a sandstone foundation.

They can learn, yes, but having the foundation is a huge leap ahead.Read The Seven Sins of Wall Street for a good look at what the financial system can do to hard working individuals without that understanding.Side note: someone mentioned Naked Economics.

What about serious foundation repairs that involve re-leveling and jacking?

Unless you have a very solid structure to begin with, you will be redoing EVERYTHING from the foundation up.

Many of the forms you'll need can be found at firsttuesday.usI believe you are correct and cannot use CAR forms unless you are a licensed Realtor.

I'm sure you've seen it- but if not, be sure to read through "The Ultimate Beginner's Guide to Real Estate Investing" to get you started with a good foundation!

I've read about analysis paralysis and feel eager to get started with investing, but also want to put in the proper amount of time upfront to learning all of the basics and building a solid foundation of knowledge.

If you haven't yet, be sure to check out "The Ultimate Beginner's Guide to Real Estate Investing" to get a good foundation, and later- be sure to check out these articles: (my favorite ones on wholesaling)9 Reasons You Couldn’t Find A Buyer For Your Wholesale DealDon’t Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldThanks Jennifer!

Also - be sure to read through "The Ultimate Beginner's Guide to Real Estate Investing" to gain a good foundation!

If you haven't yet, be sure to read through "The Ultimate Beginner's Guide to Real Estate Investing" to help you get a good foundation.