We call it “deep dive”.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $28,000

Cash invested: $200

Sale price: $34,000

This property came from an absentee out of state investor. Her Ex-hu...

The term “smoking” means inhaling, exhaling, breathing, or carrying any lighted cigar, cigarette, or other tobacco product or similar lighted product (Including but not limited to e-cigs and vaporizers) in any manner or in any form.

., a decent yard, and an actual bathroom listed for $1,800.I don't know you generated your price but unless you're renting to a bachelor that thinks it's cool to crap and cook Ramen at the same time, I think you've priced yourself out of the market.Do more research, price it a little below the competition, and get that sucker filled so you can catch your breath.

Either way, you're getting your feet wet and getting started, it's more a question of how deep you want to go on your first swim.Good luck and keep us posted!

I'm getting all excited about it and absorbing as much information as I can, but sourcing good deals at a deep enough discount as a new note investor is my biggest concern.  

Jack thanks so much for your deal deep dive.

This is really pronounced in the mid west  deep south or inner cities .. 

The national tenants usually tend to have reserves and very deep pockets to make it through cycles or adverse events and be okay still.Check in place rents and see if they are below current market by a good margin.

I'm still eager to meet and network with some folks who are deep in the investment game who are willing to lend me some of their knowledge, advice, and guidance.