Hey @Christian Costa  is good to meet you as well.

It cost a whopping 5500(I financed the rest at the local bank) and I did all of the rehab myself, or with the help of a pizza, a case of beer, and some friends.

"Quality of info" Dont go to a guru for this"Cost" A guru will be glad to help you here"Quality of info" A good mentor is a possibility here, but at what "cost".

Go out there and meet and talk to as many investors as you can and sign yourself up for as many meetings and classes at low or no cost as you can find.

Asking on BP is nice, but to be honest I wouldn't say it's enough due diligence for big ticket items.Historic properties are another good example where getting into specialized skills and materials, and deviating from the "standard" way of doing things, might look aesthetically pleasing but can cost a whole lot more when repairing or replacing.Based on what you've said, and without seeing specific numbers, the property sounds overpriced and I would be cautious about buying it.

or any liquid securities.. what I am saying net worth on Paper in real estate is not actual money as there are substantial cost involved in liquidating it and turning it into NET worth or liquidity if say you want to pick up all your marbles and Move to Costa Rica..

@Costa Deir a little more than $30k@Patrice Kirk we're at 60 cents a letter doing it our self- $1,800.

Blast emails, yellow cards, websites, business suits and LLC’s can cost as a million dollars but they don’t make you the wholesaler a Professional.I am not a lawyer but I do know the legal costs attached to real estate can put you out of business before you even start if you don’t know what you’re doing.

Then you will have to pay for the taxes for this transaction that will cost a couple of thousands.

(A dumpster can be rented for a couple hundred dollars and a couple guys to clean out the house would also cost a couple hundred, maybe less.)