Purchase price: $260,000 Cash invested: $120,000 Sale price: $535,000 Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior What made you interested in investing in this type of deal?

MUCH better to have them sell and give you the cash instead. 

If I were a decent renter shopping in that neighborhood, I would choose that brick building over yours every time. 

Depends on your goals and the current market.

Start with one close to home where you can learn and build a team.

Miami/ Coral Gables, even worse. 1500 1700 brick houses without a garage on main roads (Byrd ave for example) 1.5 MILL is just nuts.

I am looking for a solid real estate agent and eventually will need a home inspector, possible property manager/etc. in regards to the process.I have a few family friends which I am blessed to have mentored me the past few years in this field and I am determined/diligent to learn and grow. 

From there network and connect with those in your market to do a fix and flip.

Primarily looking for SF and small MF (2-4).

Thanks for sharing a bit about yourself and journey.