You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

From my understanding you don't need any delay with appraisal 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

I totally understand where you're coming from.Sounds like you need to get a more confident estimate on the MTR rental income you can expect.

It's zoned as RS3 and I believe we'd need it to be RT4 if I understand correctly.

Start with something that needs light to no rehab, get a tenant in there and understand how to manage a property and the true cost of ownership.

You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

However, this book talks about getting a margin of $20,000 to $30,000 off a property off rip and from what my understanding is, the current housing market wont allow for that I will lose that deal most times.

Additionally, we are open to exploring opportunities in other areas as well.We are particularly interested in:- Learning how to analyze these properties for cash flow potential- Understanding the local market dynamics and trends- Networking with experienced investors who can offer advice and mentorshipWe believe that with the right guidance and connections, we can make informed decisions that will set us on the path to financial independence.

If only the people asking these would SEARCH the forums first to either:A) Find this post and know to not askB) Find any of the multitudes of posts that attempt to give an answer to those questions.And I love any of the ones around LLCs, bank accounts, what should I name my LLC, should I register in WY, etc...Lastly, while I get the point of #4, I have to say, if these were a real question, I would be less apt to ignore it, since presumably some amount of work as gone into understanding real estate enough to put together a business plan AND there is something tangible to provide commentary on.