Martinez seems to be another Shiny Object for investors in a hurry, looking for an quick fix and not willing to put in the time and do the work. 

I will likely be seeking advice here if I run into issues.Purchase Price: $155,000 (Down from asking of $175,000 to $160,000 and finally to $155,000 after higher rehab)Rehab Price: $79,900 (Original estimate was $60,000)Appraised value: $310,000 (Original Estimated ARV: $285,000)I am hoping to list it for $319,900 or $314,900 when the rehab is completed in about 7 weeks.This is so far my only journey into Real Estate investing and hope to do much more and learn to scale my portfolio quickly and get to use the BRRRR method when it is available and makes sense. 

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Rather than me saving up for a down payment to use with a Hard Money Loan to quickly purchase a property, I spent the last 2 years trying to balance out my debt from the program and debt from daily life.MY advice is DONT DO IT.

In my experience, my investors who expect to get in/out of the deal quickly don't look at rate as they'll be in a deal for 2-4 months and the benefit of no up front costs saved by paying no points far outweighs the difference in monthly payment from the higher rate. 

thats some pretty quick time lines . 

The Book on Rental Property Investing" by Brandon Turner: This comprehensive guide covers various aspects of rental property investing, including house hacking.

Quick update on my progress so far @Bradley Rosenberg - I have created a webform to collect all the Fund details & sent it out to some of the members of our mastermind group who run Note Funds for their input (Aspen, etc)  I hope to have some feedback and begin building out the page next month - stay tuned!

I think $1,500 is a great price for a 3/2 new build and should rent quickly. 

Over the next few years continue to buy a few more properties to build up the monthly cash flow then use the increased income to buy our acreage property.Our area is projected to continue to grow and appreciate fairly quickly so we are afraid of getting priced out of buying our little farm if we wait too long.