Below is how you can buy $50 worth of stamps/envelopes/paper, 3 hours of labor, and simply get started.

Then an appraiser would use that restored victorian as a comp, because on paper they have the same sqf, bed/baths etc.

I am paying above what I feel I should pay on paper, but it is a nicer property than many around here.

I do not like paper where companies can have multiple sets of books and one day you have a 100 dollar bill and the next stock worth toilet paper.

There are a number of markets within easy reach of me that look good on paper, and I wondered if the BiggerPockets community has any advice about how I should educate myself before purchasing my first property.

Cleanup is amazing.....just throw away the paper towels you cooked on top of :))

You may be able to offset your lack of paper credibility with additional rental income and personality.

Equity is just the paper .

Otherwise, the only general advice I can give you is...Check for toilet paper before sitting down.

They might look good on paper, but rarely perform for the out of state, hands off investor.