If you don't know how deep the water is, you may get more than just your "feet wet".Third Lesson.Cheap and discount are not the same thing. 

An alternative to batteries is a "water battery". 

Homes are double story standard homes with around 21-24 Squares.

Although instead of knowing about roofs and rehab.. land folks need to know about:Zoningwhere is the power  is there internethow deep are the wells or is its an area that water is super toughDoes it perc. and or how expensive are septic systems.Wetlands Etc.Now if you target land with all city services then its just dead simple.. figure out the retail value and buy below it and do your flip..

Quote from @Jim Peret: Dan,Why are you acting like mismanaged ODC is the gold standard?   

My 2 cents is right there with the other guy, get into something on your own first to test the waters and know what it’s like to actually buy and do some work.

We do some cosmetic improvements to bring homes to our standard, typically carpet and paint, upgrade lighting etc.

Purchase price: $300,000 Cash invested: $31,0002/1 X 2 duplex with new roof, newer AC's and new water Heaters in really good shape.

ABC kept the first two and half months of rent from the rental guarantee for tenant placement fees and utilities (water, electric).

We were able to get standard mortgage financing How did you add value to the deal?