Somehow I don't see how any of it is relevant to his question about buying a house or about investing in general.I'm also trained as a geneticist, but never worked in it - didn't want to be a lab monkey.

That 15% cap rate, 45% ROI, $200/month cash flow, etc. doesn't take into account getting shot at by gang-bangers, hunted down by a PO'd tenant, your property broken into 5 times before it's rented, or converted into a meth-lab.

. ($7/month per listing)Price labs- Dynamic Pricing.

You may start out initially with receiving faxes and then progress to limited and supervised access to the MLS during non-work hours.

And you can buy a note anywhere in the country because you don't have to be in the area to supervise it in any way.  

Is he qualified to supervise contactors, verify their work, and report back to you?

Difficult for a beginners to start flips in other cities if they’re not there to supervise rehab.

@Nick Brubaker, If an electrician works for a large electrical company under the supervision of a licensed master electrician for years, there is no reason for him to have a license unless he wants to go out on his own.

Way too thin and the fact that you will not be on site daily to supervise will likely mean large cost overruns.

@Robert Blocker Wholesaling - that is to say, marketing a property that you do not own is illegal here in MA, unless you are a licensed real estate agent and are working under a supervising broker.No doubt, you've listened to a guru or read a blog post that says it's legal because you're selling a contract, not a property or been fed some other excuse.