I look forward to taking that first step in order to get that first deal under my belt.

-landscape, management, trash, pest control, etc.j)Full documentation of security deposit accountk)Property tax assessmentsl)Current rent rollm)Most recent 12 months of bills for water/sewer, gas, and electricitya - depending on how the property is held, the seller may or may not have thisb & c - basically, I'm trying to piece together 3 years of financials, as this will give lenders greater comfort and give you and idea of any trends.d - this is a list of the personal property that comes along with the asset: office computer, copier, leaf blower, etc.e - some sellers may have surveys, Phase 1 Environmental, old appraisals, etc. 

Hello all - I am a new investor with three properties under my belt so far:1.

I have heard from other wholesalers in the market that the best way to start is to JV your first deal then once you have some experience under your belt then start by contacting some direct to seller leads!

Getting through the learning curve and getting some experience under your belt will help you pickup momentum in all kinds of ways. 

The agents earning six figures usually have some life experience, above-average skills, and quite a few years under their belt.

I don't think you can compare a neighborhood in the city of Los Angeles to the rust belt city of Detroit.

.- you might overpay for the market you are not familiar with- you might get into a cost overrun scenario on unseen/unforeseen repairs- you might execute poorly (too long) and incur holding costs etcI would recommend getting a few under your belt locally to learn the process. 

@Dren AguadoGood for you on getting started and continuing to learn.As for your questions:1) I had one house hack under my belt before getting started as an agent and jumped in full time.

I am in the work of getting my real estate license aswell so I can have that under my belt