Also, if the tenant is responsible for example, for the first $100 any repairs.You could also provide in the addendum the names and phone numbers of the local utility companies, water, and cable providers that they need to contact to put in their names.

Anyone with tips on great areas?

@Pearline HardyGreat tips !! 

Knocking on doors, hovering around at the court house, and doing whatever else the typical wholesaler doesn't do.Eric H.Good tip on looking for citations against the properties.

The TV and internet is awash in opinions on the topic--some of them seemingly passionate and well-reasoned--but these people are all guessing.

I am very new and need all the tips and information I can get.

@Brandon Turner actually wrote a whole book on the subject and it's a very worthwhile read:http://get.biggerpockets.com/nomoneydown/Here are a few tips to help you get the most out of BP and kickstart your investing career:Start here.

Any tips and safeguard on staying on budget? 

I'm looking to hire established general and sub contractors but would like the BP community to provide me tips on what to look for, as well as how to obtain wholesale pricing on construction items.Thanks in advance!

http://www.biggerpockets.com/renewsblog/2015/10/01/bp-podcast-142-22-and-a-half-actionable-tips-beginner-real-estate-investors-with-josh-brandon/Best wishes as you get started!