My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC.

Yes, I'd probably pay a premium for the luxury of a less intense rehab, but as a novice real estate investor, I would rather err on the side of "newer" homes than early 20th century.Do you disagree or have other thoughts?

I also haven't read this entire thread, just the most recent, so I can't agree or disagree, all I have done is to express concerns due to the abuse of some gurus and novice players. 

This is why lenders usually do not lend to novice investors that aren't flipping in their backyard. 

Also, exhaustion will bury a lot of the enterprising novices.

I'm a total novice, but it seems like the place here in the Portland area is either through house hacking, i.e. buying a duplex and living in one side for 5% down, or buy and hold for long term gains through equity.   

As a novice rental property owner, I've just been doing it the simple way of checking out the major well known brand carriers (for general & homeowner insurance), and some niche ones via insurance agents in San Antonio.

I'm a novice investor with my first three properties under contract and closing in January.

Also the buyers were just Novice enough to not really understand I think their settlement statements and who they were actually buying the property from.. they / you had to sign a settlement statement and wire your money to closing.. and on that statement there is a seller.. 

Hello,I live in the Sf Bay Area and as a novice RE investor I feel I am priced out of this market.