I found it an enjoyable read about his journey into notes, but out of roughly ~180 pages only the last ~40 discuss notes and even those are very general and don't go into any number crunching. 

If one of you actively manages the property, pursuing Real Estate Professional Status (REPS) could unlock full deductions against W-2 income.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

(You are automatically an affiliate when you sign up) That being said, I'm not a very active affiliate.

Upon move-in, appliances, cabinets, floors and walls all had built-up grime and residue from your habitation of the home.Infestation of bugs, pests and rodents-There was no attempt to treat the house for pests, as evidenced by the more than 15 spiders we have already seen in the basement, and the live, active wasp nest in the patio fence.Floors, stairways and railings in poor condition-The carpets are stained and smelly.

I personally benefited from this when I first started and now provide my signature to partnerships I am not as actively involved with.

This would be an easy decision however I do not think you can come close even with you being active in the process.  

This requires a lot of marketing and intial investment into your furniture, activities, etc. 

Investors who are active in gathering data on local trends while working with knowledgeable agents are able to pick neighbourhoods poised for growth and also comprehend how to best mitigate their risks as they prepare to maximize their return.Myth 3: Distressed Properties Are in Bad LocationsAnother misconception is that distressed properties only exist in bad neighborhoods.