Would love to connect with other investors and see where I should start and how I can get a solid foundation before pulling the trigger by the end of the year. 

i agree about a forum for mistakes, but that would be very specific based. for example, not including the cost of updating the panel might put you in the red. or not knowing that the hardwood is shot. or not catching the crack in the foundation during the inspection. or not even doing an inspection.there are so many (hundreds) of reasons to make it a flop that it might not be beneficial to most people. it might even scare people away from ever trying to get into the business. not to say "jump in and lose you shirt", but i dont know how much it would help if there is a "flop forum".multiple people on the podcasts have said "if you have not had a flop or being sued in this business, you have not been doing it long enough". so, everyone (except the TV shows) have had a flop, in my opinion.To me, here are the keys to success:- buy super low (as low as possible) to account for anything that jumps out. - watch Income property, property brothers, Flip or Flop and most importantly Mike Holmes to learn how to know if anything will need replacing. doing the work and watching the shows has taught me everything i need to know.

First I have looked up the requirements for the foundations on the FHA lending website but I was wondering if anyone has had any success with doing this before?

Things I will be looking for, starting from basement up:Water in the basement Large cracks in the foundationBowing in the foundation walls. 

No visible water, probably just moisture coming in from the foundation. 

If I were starting today my foundation would be wholesaling with a side of lease optioning.I started investing a week after my 16th birthday with my 19 year old brother, you needed to be 21 then to contract but he was married thus could contract for us legally.

In doing my due diligence I had a plumbing inspection (camera the line), roofing, foundation, HVAC and home inspection all done simultaneously.

The best of all of the models I have worked with is actually free and can be found at this site: https://www.adventuresincre.com/.

I have a fantastic 12 unit Planned Community development project here in Alaska - full design, fully permitted, site work done and paid for out of pocket, and am ready to pour the first two foundations. 

If the land next to the property does not have one inch of fall per foot for the first 3-4 feet from the foundation, you could have future foundation issues that can cost 10's of thousands of dollars.