I bought from a primary homeowner in Indianapolis metro area who took really good care of this home (I did live in this house and rented it out when I moved back to California) and from a flipper in Indy more recently.As far as primary homeowners, they can range from taking really good care of the house to someone who has a lot of deferred maintenance - I renovated a local property that had a lot of issues.  

-therefore, there won't be any net 'cash flow to cover rent' for years.to be clear, i say this not to say "don't invest out of state." investing out of state is fine. 

We meet on the first Tuesday of every month and I've made a lot of great connections and done deals with a lot of people I've met in the room (I've been going for over 3 years now and only started co-hosting it this year).

This book is full of resources and education and if you order before 12/1 you get the best value because it includes ✅ Access to a live Q&A with James and gets his “The Flipping Workbook”✅ Sample Statement of Work✅Buy Box Worksheet✅James's Flipping Calculator✅Core Team Members Worksheet✅Tool Kit✅Glossary of Terms✅One person wins a giveaway: Free Pro Membership, All of Project RE content, Education, and Weekly calls with James & his communityOrder it paperback, hardback, audio, or ebook.

You need to understand the market, advertise to buyers, show it in the best light, know what to say and what not to say, be skilled at negotiation, understand contracts, and much more.If you don't know how valuable a good agent can be, it's because you've never used one, or they made it look easy because they are skilled. 

Hey Investors, currently looking into scaling my marketing using SMS outreach.

History has well proven this out time and time again. 

@Andrew Steffens, I’m grateful for the die-hards around this joint, people who serve others with wisdom and experience.  

What made you interested in investing in this type of deal?

If you want to do some flips or BRRRRs then you could consider taking out a Line of Credit against the three properties so you can use the cash with interest only payments for a short term project and then pay it back and then use it again (Lines of Credit are revolving - meaning you get to keep using the money).