@Jason Hirko hits on the massive time commitment in fixing it yourself.

I feel this was a great exercise in the confusion and massive problems of government regulation and over step of free markets.I am well aware that a MLO properly trained and aware of the individual states regulations can be the safety net for a seller financed transaction under the DFA.

I have a lot to learn reading but in order to learn more it will now be though massive action to get where I want. 

There is massive amounts of money to be made in excavation.  

It seems like in the last couple of months I have seen a massive increase in posts of newbies who want to start out by wholesaling with low/ no money down and think they'll make a killing. 

I wouldn't hold on to anything that was losing money unless there was huge predicted upside sometime in the future (massive appreciation, massive rent increases in the area, the possibility of a developer buying it for a big number because it's next to a commercial area and they want to put up a shopping center... and they NEED your property etc). 

@Nicardo Mundell you mentioned that you are missing the tiny details, but also mention you don’t know the market, which is a massive detail!

Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties by @David GreeneAlthough this book is titled 'Long-Distance Real Estate Investing', the strategies and systems David Greene explains in this book can and should be used by any new real estate investor, regardless of if they plan on investing local or out of state.Like Brandon Turner, David Greene contributes a massive amount of incredible content to BP and is the current co-host of the BP podcast.David's book is one of the most detailed and well-thought out real estate investing books I have read.

I got a tape of a fund that bought 50 million worth of SFRs in city of Portland and now they want to sell them.. few of my contacts are like NO way not with rent control is would be massive undertaing to take over all those SFRs and try to figure out how to manage the rent control.. plus to evict a no cause tenant cost you 4k.. 

I was in NC a couple years ago and I stopped at a vape store (this really happened) and the Yemeni man at the cash register offered my husband 3 goats and several cows to marry me.