I would then need a property manager and whatnot.

Again I am not one the smartest guys here.I can teach you what not to do and why not to do things though.Alex

@Jason Little , @Rich Schmidt, @Tuukka Virtanen, Would be interested in grabbing coffee and discussing different interests and what not.

I see that you are in Charlotte as well....maybe we can meet up some day and talk business plans and what not! 

You can subscribe to services that e-mail you expired listings and their numbers each day if you're looking to cold call or what not.

I definitely have a better understanding of REO properties and what to do and what not to do.  

Notes, Partners, Legal, IMPORTANTissues surround buying notes, modifications, buying and selling them, besides the SEC issues you can bump into, you need to really need to understand what "Note Brokering" is and what mortgage brokers do.

This is something I have always wanted to do and I'm looking for helpful tips of what to do and what not to do as far as different avenues of investing.

I would get together with your agent to get as much information as possible. generally the contracts are fairly buyer friendly so that you can back out due to inability to get financing (just dont get financing if you want to back out), upon inspection, etc.generally sellers are worried that deals will fall through and tend to want to release more information earlier so that should something get into contract, the deal will go through. if the deal falls apart, they are stuck with yet more monthly payments while the deal is in contract then have to put it back on the market which will take time to court ankther buyer.this leads me to believe that they are suspect or are worried and/or trying to hide information. they could be just poor negotiators thinking they want to take you for everything.id say: a) be totally comfortable walking away from the deal even if you have already put some $ down for inspection and what not bc it’s better to lose a little money than to get stuck win a big mistake long-term to lose even more moneyb) see if the other side would be down to just sit and lay out some next steps so everyone is on the same page. can use this meeting to listen and just use some empathy to figure out what’s going on on their side, why they’re playing the deal this way. it could be that they don’t trust you yet so they are guarding themselves

The MI house got me excited about real estate but it has also helped me learn what not to do.