Thank you for all the great advice on this forum.I am in final stages of acquiring my real estate license. 

The other option is to do your own outbound marketing in neighborhoods and to demographics you're interested in acquiring. 

The issue pertains to properties that you acquire and then sell.

Looking forward to gaining as much knowledge as possible to move forward in acquiring buy and hold properties to gain financial freedom.

Patrick Mueller Hey Patrick I saw your seeking a real estate agent and that you just acquired your first property in Elgin!

One thought...we live in a pretty competitive market here and an fha 203k could put you at a severe disadvantage in trying to acquire a property.

I just can't pass up the chance to build something brand new for the cost of what some of the renovations to pre existing inventory I have acquired needed.I am confident that once I am able to scale, this will be a very lucrative strategy when applied with discipline and forethought.As always, I welcome your input, BP!

In hindsight, I could have chosen to keep the properties I’d acquired and used a property management company, but I had no experience with that.

If I acquire it, I could keep the current tenants there are forego the cosmetics for now?

Chris T.While we are not flippers, we do use a similar approach by purchasing tired properties and forcing appreciation: it is just rehab-n-hold as opposed to rehab-n-sell.When we are carrying out a deep retrofit on a newly acquired property, we will put a sign in the yard advertising another "modern, heathy and energy efficient home in the making"  with an indication of when it will be available for rent.We typically have the units rented before the renovation is complete.