Purchase price: $6,000 Cash invested: $8,200 Infill lot flip.

I have dabbled in real estate a little but haven’t made any serious moves.

I have never personally purchased remotely, however, buying on the southside and living on the northside might as well be managing a renovation remotely.I'd highly suggest working with your property manager if you know, like, and trust them. 

If you are not shipping DSCR loans every time you are making a purchase, you may be paying too much.DSCR Loans can do 15% down with no mortgage insurance.

Hello,I am a rookie real estate investor.

The language barrier like @Leslie Anne Morris said can be a real turn off for a lot of folks.I worked in tech for a long time and most of my colleagues were overseas.

I'm not from your state - but in Florida your taxable basis is established by your purchase price at the time of the sale.  

@Yixiong Pan - If others have the cash to put into deals it sounds like you could form a JV partnership with others where they bring capital and you operate the deal and come up with a split of equity of the purchase.

With all the uncertainty going on with the world, with the wars in the middle east, longshoremen strikes, election in November, and potential for stock market and housing market crashes, should I hold off on purchasing real estate until the world is more "stable"?

Then they move into your spare bedroom).Now keep in mind when doing a 1031 exchange, in order to defer all of the tax you must purchase at least as much as you sold or greater.