Yup, all true and what NOT to do!

Any advice on how to find properties, how to finance, local contractors, and most importantly...what NOT to do, would be greatly appreciated.

I mean, taxes have been paid and collected (property tax and what not).

I have people pitch this idea to me multiple times a year, so let me start with what not to do:Landowner : I own a piece of property worth 100k, and I owe 95k on it. 

From talking to people who were more involved both time and capital-wise than me, I found that they will give their members deals (acting as a wholesaler) and many of their bus tours and what-not (where you get the big 100 unit deals) is basically a collaboration of members buying other members properties.

Instead of flailing with all that, I'll get good at finding deals and/or raising capital (or both), so I can add value to them, also.OK now, sure, I can still deal with proven contractors for small jobs, floors, electrical panel, roof repair, painting or whatnot -- I kinda grimace and get through that, for a buy & hold that is almost rent ready, but that's about it. 

When I try to Quote a poster I end up with all the codes and what not.

I'm new to hash tags and whatnot, lol @Jim k.

And omit the Rehab cost and what not since I did it in a more complicated manor?