@Kim Tucker Thanks Kim, I actually just told my wife 10 minutes ago that I'm going to attend the meeting on Tuesday night for the first time.

@Abdul Azeez, I think that the problem is that you are stacking the deck against yourself trying to do all of these things on your first deal:1) Purchasing the property from an online auction site / bank, which is notoriously tricky even for the experienced investor, due to their proprietary contracts and minimal due diligence period and strict deadlines.2) Working with a new contractor that you haven't used before, or seen their work before, and who may not be used to dealing with investors.3) Trying to get conventional financing on a property that has a short closing time and where the mechanical systems cannot be tested.4) Working on your first deal by yourself instead of partnering with a local investor who can guide you along, or at least a mentor who you can turn to with questions.My advice is to make it easier on yourself by considering buying a property with a standard contract and longer due diligence period, network with local investors who can provide you contractor contacts and also some guidance, and consider using private financing or hard money instead of bank financing.In my opinion, buying from the online auction sites is a more advanced strategy that you can use once you are able to ballpark construction costs yourself and/or you have a trusted contractor you've worked with before and/or you have private financing or hard money set up so you can close fast and/or you can purchase the property without interior access and hope to get lucky in terms of condition (but still buy at a price where you are comfortable doing a full rehab if necessary without losing much money) and/or you are familiar with agreement of sale contracts and closings in your state so you can assess the risks of using the bank's seller-friendly contract.You're already doing the right things by asking questions on this forum, and taking action.  

With that said, these days, when looking for a property strictly to rent out, I am excluding homes with a pool.

We meet monthly at dinner meetings, and host educational seminars and workshops like Landlord 101 and the Ugly House Tour.  

Hi Everyone, My name is Emily, I dabbled in real estate investing in Utah and now have joined the #2 real estate team in Vermont,I read a couple of comments that there is interest in having some meetings organized regularly here in Vermont, is there still interest in that?

Investors go to those meetings and are always looking to jump on a great deal. 

As long as it takes, when i do qualify i will start buying and regularly vising the market meeting and networking with people on the ground.That Deal you posted Simen doesn't look like a deal, it is bellow the 1% rule (or 10% gross yield) and will get you nowhere. 

Often times it is better to focus on quality over quantity. 10 x 4-plexes is 40 units ... for example, if you can't meet your investment goal with 40 high quality, reasonably leveraged units or less in scottsdale, you may want to reassess your strategy IMO.

Nice to meet you Chris

I've been interested in real estate investing(particularly buy and hold for cash flow) for some time, but always been hesitant to jump in.I've read numerous books, listened to almost 100 BP podcasts, been to some local REIA meetings, but I've yet to pull the trigger on anything.