Where do you expect to receive the money to buy out your "partners" in these companies as you drive returns into the ground? 

Need to buy all again.Had stocked packed linen closet but not anymore..need to stock again. 

I took quite a break from buying properties and now on the hunt again.

@Fabio Cattolico"if I could get an out of state property for a great price and the numbers seem promising, wouldn't it be good to start off like that if I'm in a place where buying is unaffordable?"

Your investment property - This you could do a 1031 exchange on and buy another property you intend to use for investment. 

Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time. 

It's also rare you buy these properties with 20-25% and have NOTHING you need to address almost immediately in terms of repairs or capex. 

These included cash buys for flips, seller financing, and subject-to deals.

If you buy a property with a tenant already there, what if the home needs a lot of rehab when they move out?

Investment Info:Townhouse buy & hold investment.