You could build a crazy amount of wealth and a great career doing that.

Avoid common pitfalls like skipping due diligence, underestimating repairs, and overleveraging having reserves and a strong team is key.Good luck!

That means an 800K purchase and a 200K rehab (1 million invested) can result in a 400K tax credit that results in 360K CASH back in the pocket of the investor.  

and the answer is multi-faceted and a little complicated.

Quote from @Isadore Nelson: Give the expectation, a deadline, and a penalty.

I also practice as a Realtor because I enjoy it and it is extra income.So as an investor, your options are to get your RE license and have access to a lot of tools and do the research yourself (therefore you're paying with time, energy and a little money) or you work with a great realtor/investor in the specific market you're looking into.

For me a good SFH is going to be $300K now (which doesn’t make sense) and a 4-6 unit is between $375K-450K.

He liked the idea so we created an LLC and a partnership agreement and he deposited 100k into the business account.

If you want to nestle into North Scottsdale, you can get the big house and a decent lot, but it will not be a huge lot. 

I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer.