On the same token, investors don't want to throw their money into a pit of a house that you might not be able to finish.From an investor point of view there is a BIG difference between:I'm looking for 100% financing and we will be flipping a giant mess of a 3/2 in Smithtown, USA.vsI'm looking for a money partner on a flip in Smithtown.  

Beautiful original woodwork not ruined by paint, large open staircase in the front hall, absolutely giant apartments..but I digress.I got excited about it and suggested we partner on it if the numbers worked.

Go a day ahead of the exterminator with a giant box of thick 50 gallon contractor trash bags and make sure the tenants but everything in plastic boxes or double tied up trash bags (be careful when you get back home).

Even if the second and third investments were similar type deals, it could eventually allow me to step up into newer larger single or multi family properties.That is, of course, contingent on not discovering some giant issue with either the structure itself, something in the property records, or other reason that these numbers are in fact too good to be true.  

I’m a few weeks in, but I’ll split the post up so that it flows a bit better than a giant long read.Been getting all sorts of RE education through biggerpockets and my local REIA for a couple years.

You'll find the cost to borrow a lot cheaper when that number goes into the mid to high 700s.Good luck,BrianI think everyone agrees that I should get rid of the two giants (auto payments).  

No utilities and damage are giant red flags, it is down hill from there.

In particular, as a European if you know the right bankers it will be very easy for you to open accounts within private banks (especially in Asia).

But you can know 100% for sure if you just call the power company and ask them if they send one giant bill for the entire park to the park owner or if they send individual bills to each tenant.You don't want to even think about buying a new park that has 0% occupancy.

You could buy it yourself--I've gotten some of my best/biggest home runs that way.You'll understand and be able to resolve problems with elegance when you have the experience lots of closings under your belt, whether they are yours or a buyer/seller of yours.Being in a high-energy office with lots of top producers is a giant MOTIVATOR and wonderful learning experience.IHMO, if you want to be more than just "involved" in real estate, get your license.