That's how it rolls, and 2) if you do NOT give information (please do not!)

This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI  (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again).    7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.  

If you think you're just going to go in and fix some drywall and resell a house in 60 days in neighborhoods that were battered by the storm for an ARV based on pre-storm sales, you are in for a rude awakening.

My recommendation is to get a side gig or second job, and start putting pre-paying the mortgage by rounding up then re-casting every 18-30 months with some more size.

I received a bachelors degree from Mercyhurst University and have wrestled from pre-school all the way through college. 

With the stock market literally about to do a huge correction pre election I think there will be quite a bit of money to be made on shorts.

@Roberto Kattan- 1) locate a realtor for the  Roch rea thats   familair with  invesment props  ...they can  help immensely    2)  if you will need  to use  financing - make sure ou are  fully pre approved  

The CE Shop is a good overall resource for courses for pre-licensing, but there are a million of them and they all generally do the same thing.

Using a Self-Directed IRA (SDIRA) allows pre-tax dollars to grow tax-deferred in real estate, but limits flexibility due to IRS rules and potential UBIT on leveraged properties.Investing through a Roth IRA offers tax-free growth and no RMDs, but funding limits and restrictions apply.

I have offered to show some newer RE investors the pre rehab on Dec 1 and will extend the offer to you.