Currently the place in contract and would like complete our due diligence in another 45 days, I would like to learn as much as I can in this 45 days and purchase the land.

I enjoy connecting with everyone I can in real estate and learning as much as I can!

Just remember pigs get fat, hogs get slaughtered.

Hi, my name is Phillip, I live in Boise, Idaho and I signed up on BiggerPockets a few days ago.I am going to be starting out in the lucrative world of house flipping (real estate investing).I have been reading all that I can in regards to this line of work, and am very excited to get started.

Am trying to soak up as much as I can in the site and learning from all your forums.

tenants are  like toddlers in their terrible 2's starting out, they'll push every button and test everything they can in the first few months-- your best option is to be very firm and direct.    

The best way, in my humble opinion, is to cash a big ol' fat check and take the wife shopping. 

Either way, get started by reading/listening as much as you possibly can in order to figure out what it is you want.From there I would set goals, and make a game plan.Most important of all........TAKE ACTION!!!!!!!!!!

This way all of the money from rents can in theory avoid income taxes legally.I try to be conservative and use 1/4th of the cash flow received to fund the contract while keeping the rest for reserves.

And there's a fat upside to those rents as leases expire, because those are WAY below market for that area (about 300 a month each).Sound like a deal, or am I missing something?