Section 8 vouchers can be tough to come by - violations can cause someone to lose their voucher which can onlyhelp to improve my confidence. 

Plenty of pics and having a virtual tour for potential guest to instill a sense of confidence in the property.

For example:Task             Estimate        % Certainty        Low        HighDemo              $5,000           90%                    $4,500    $5,500Construction   $10,000          80%                    $8,000    $12,000Plumbing         $8,000           75%                    $6,000    $10,000Finish Work    $10,000           90%                    $9,000    $11,000------------------------------------------------------------------------------TOTAL             $33,000                                    $27,500  $38,500So, if the estimate of $33k looks good and the high estimate of $38,500 is still "ok", I feel confident because its unlikely that EVERY item will be that far off.

It will depend on what your goals are, but if you'd like to scale fast, you could leverage the $100k cash to buy 2 or 3 duplexes in lower priced markets that have higher rent/price ratios.You could use these properties to learn the ins-outs of OOS investing and use these to build your network and confidence in the market.

.* logistics of maintaining out-of-state property and tenants* having time to research enough about this while moving across the country to be confident in your decisions and planning* having time to research other opportunities, what could be done with the money if you soldReason I bring up the emotional stuff because yeah property is a hassle, but there may be another vision that lets you get everything or most of what you want, with a little bit less hassle, or hassle in a way that bothers you less.

After you feel confident in understanding real estate as an investment vehicle, decide how you want to begin your investing journey.

I can appreciate that advise but being a Realtor and and My Dad being an master electrician (with a much broader knowledge base that goes more into being a GC without a license - and no we won't use him as an unlicensed GC) I feel pretty confident that we can do our first flip and be successful.

I'm hearing folks say: "I'll call sellers once I gain more CONFIDENCE!"

But hey, once you embrace these principles, you'll be striding confidently toward a future full of prosperity through real estate investment."

Although I'm confident I can fix and flip it, my plan is to keep it as a rental.My dilemma is... where do I get the rehab funds?