But these come rarely.Do you really want to gamble with your money time and effort on luck?

I work my numbers out differently as off shore investors look at net yield unlevered.But you can buy for 65K a house that will rent for $800 to $900 a month.

I am not saying no one should have these things I certainly do.My point was if someone is just starting out in the bizz they do not need to pay thousands of dollars for course's that will talk about all sorts of different strategies, Land Trusts. off shore entities  etc etc.A RE attorney  in your state or state were your working for a few billable hours will give you all the info that you would need to get started.And I guess I have been very fortunate I have done quite a bit of RE over the last 40 years and other than business litigation IE  stuff that is covered by E and O or minor partners taking a shot at us..

Unless they are turn-key costs, I wouldn't gamble especially at that price point.

It is flat out gambling.

I decided it is time to jump in with both feet and get started.I have spent the last 17 years in Corporate America (Strategy & Operations) both on and off shore, however I recently decided to branch-off and explore my capabilities in Real Estate.My goals are ultimately to flip homes, however I would like to start in the wholesaling arena and I am open to any person(s) willing to assist me in starting-up.I am seeking a mentor-type individual in the Fort Worth (Keller) area that would be willing to let me tag along with a process to experience the processes first-hand.

Off shore title agencies. 

Marketing and (offshore) software development (since you don't have time) costs a few dollars.

I'm gambling on Nike today....As an end result though if all the markets crash my investments will be in buy and hold because I will be holding a property I can live in or rent out.

Competition is high, and consequences of making a mistake seem low.I'd love to see the statistics of how many people move to the Bay Area without having first secured a job, because--although I'm not a gambling man--I'd wager that the majority move there simply assuming that they will find a job.