Basically, you're gambling on the second appraisal and at most you will lose the $1000.  

Try to rehab a house 2,000 miles away with no money as a beginning investor.I basically had to run a pyramid scheme in order to finish this project.

The fee for this service is basically passed down to the guest one way or another.

That 2nd requirement is  what makes it close to basically impossible with a W2 job.

I randomly picked three OTC parcels in an Arizona county and did some basic research.

Quote from @John Jones: What is exactly included in the Basic subscription of Invelo, which is included with Pro BiggerPockets? 

So basically $2M annually.So I could spend $200k and make $24,000 in a year, or I could spend $200k and make $2M in a year.

Basically cash in the bank is a very good way to get an approval on bigger loan amounts or in general.

My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a  A-B area .BIG fish can have the whole USA in their  zone .Outside of my zone I am thinking flip it there are exceptions like all rules . 

After that initial down payment, the bank will basically be financing your investments.