@Marc Cesar Understood, you should look into the FNMA Homestyle loan, requires 15% down with a 680 score for an investment property.

It allowed me to create a strategy with things I understood.

I learned the full story of the properties directly from the sellers agent and understood what the best opportunities were for making my offers most appealing. 

I was watching an interview with Kevin O'leary (Sharktank) where he was making the same observation to a young investor and how he personally wouldn't leverage as much in real estate as that investor was doing; however, he ended the conversation by saying that we do invest in what we understand and that investor, that Kevin was talking to, had been a real estate agent before so he understood that form of investing.We shouldn't put all our eggs in one basket, but I would definitely target real estate as a prime place to put your finances for long term wealth and growth.  

Hey there,I've made an offer on  property from 1959 and it was accepted.Now I realize  there is an underground storage tank- that was used either for oil or fuel, and I don't know what to do.I understood from my agent , that it must be filled with gravel/earth (if it's not filled already) and then it is not a problem.But , I'm still worried - what can be the outcome of buying a house for buy&hold with this tank?

I went through a lot of lousy lender contacts before I found one who really understood what I was trying to do.

It's understood that you're buying these for investments, so it's assumed the sale is conditioned on verifying current rents."

@Bill Gulley and @Steve Babiak you guys are right, he does say wholesaling, but i was just curious on my end as far as buy and hold and also for other people that may be reading this, knowledge is a powerful thing if what is out there is understood correctly. especially in the context asked and for options that were not thought of.good to learn something every day

Understood.

There was a lot of interest in the property and I understood that several offers had been made as I was told as much and saw several people look at the property after I left it.