Working on a deal that the seller is open to carrying up to 10% of the down payment.

Can you carry the note for 2-3-6 months until you can rehab and rerent?   

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .

Its like sitting on a gold mine without being able to pull the gold out

If a project can only be done during a vacancy, add carrying costs and lost rent to the net cost for landlords.As for podcasts, here are some that are highly recommended for beginner real estate investors:1.

Yeah I can see using the welcome aboard forums to pump up your comment numbers to make it look like they've been around a while before trying to sneak a pitch for some scam guru trash  I think warm welcomes are nice, but the carry more weight from people who have been around.

Homes there carried an average listing price of $404,585, an average sale price of $445,651 and spent an average of 72 days on the market."

If I use a licensed PM, the onus would be on the PM who would carry his own E&O insurance.Interestingly enough my employees were asked what the owner did all day.

I have had failures in real estate when I was younger and those lesions are worth more to me then gold.

Having someone who has owned and operated a similar asset is worth its weight in gold.