**Basement Water Damage:** The walls in the basement are wet up to 15 inches, and it appears that water is seeping in from the ground.3.

Getting our feet wet with out of state deals How did you find this deal and how did you negotiate it?

And focus on that one strategy, until I get my feet wet, until I can do it well.The reasons why people (ME) gets into these analysis paralysis is because we focus on way too many different strategies, and lack of consistency in that one we're comfortable in doing.

Its not a be-all say-all approach, but it will get your feet wet as you progress. 

My thought process was to get my feet wet on a lower cost city property (literally within 5-10 minutes of the ‘nicer’ neighborhoods).

I was looking to get my feet wet with a cheap rental property so I could learn.

The plan is to get my brother to get an FHA loan (approved for multiplex) and I cough up the dough :P...

Old home basement aren't meant to be perfectly dry like a modern house, but you do want to keep them from being constantly "wet" as opposed to occasionally damp. 3.

I have definitely thought about investing out of state and plan to explore that option once I can get my feet wet here in Long Beach. 

My wife and I just inherited 50% of a family homestead when her father passed away here in Spokane in March.  We are new to the idea of a rental and trying to gauge our ability to execute on it.  The house is paid off...