We had seen this property 5 years prior in pre foreclosure, and couldn't make the deal happen due to being novice in the processes.

My last septic inspection I had done the tank collapsed a few days after my inspection looked at it.This does sound like a big project especially for a novice. $180k buy on even a $280k ARV doesn't even sound like enough meat on it for the amount of work it needs, assuming it would need kitchen, baths and cosmetics on top of the bigger things.

Even though I've has some success using the Buy-and-Hold strategy, I still consider myself somewhat a novice in real estate investing. 

Go to the Wyoming Secretary of State website for the form and instructions.There are far too many novice investors on this forum telling people they have got to set up an LLC immediately or someone's going to sue and steal their house.

Sometimes they lie or you ask the wrong questions or the Property Manager they lose their best employee or they hire a new employee that screws up.People whine about the evil Property Managers just like novice investors whine about bad tenants.

As a novice investor I don't bring anything to the table.

For other novice landlords out there when a rent payment does not go through and the tenant tells you "someone hacked their account" this is a lie 100% of the time and a indication you will not be receiving any more rent.

As a novice looking to finance my first deal, I can attest to this.

Hello everyone, I’m Chris I’m new to the site, and am a novice in the real estate investing world.

Hi All,I'm a novice RE investor from SF Bay Area California.