@jefflezark, Ya I was skeptical about having to put money up front, but seeing that I don't have to make monthly payments during rehab I look at it as a trade off.   

Most will need to understand there's a trade off in split for an unlimited supply of capital. 

If she is new to this, she will need to learn the trade and get her team in place.

Wife's SUV traded for a Prius, cash deal.  

I like the finding, analyzing, and negotiating much more than picking paint colors, swinging hammers, and waiting three to six months to get paid.Question # 3“Where do you get your comps?”

Hello @Kristine VongYou definitely have the right frame of mind in seeking a mentor - a seasoned local investor can be invaluable in helping you learn the tricks of the trade here.Just be careful that you set expectations correctly for yourself and for the mentor - most of the time that I've sought the advice of a mentor, they've directed me to some resource or material.Perhaps this guide, "The Ultimate Guide to Finding Incredible Mentors" can help you start your search for a mentor that will help you in your real estate journey!

My husband is a jack of all trades and can pretty much do anything "flooring, sheetrock, painting, etc".

According to IRS code 1221, a capital asset is something used in trade or as "inventory" in business.

Perhaps you could trade your skills for theirs? 

Then if you think you can swing it get an education.