So to make the smart choices, one has to spend time educating themselves to learn a specific niche within real estate - it should be a niche that interests them and that will allow them to apply the skills they have and enjoy using the most.

Here are a couple reasons why... you don't have to spend advertising dollars and spend massive amounts of time learning how to become an expert advertiser while at the same time trying to learn Real Estate...It  allows you to focus on developing your acquisition skills, negotiating, evaluating, at scale and at little to no cost.

I'd imagine Baltimore City would have a few of these organizations that are offering favorable loans for complete project costs (property cost + rehab).

If you spent the last year organizing your finances so you could qualify for loans, why are you targeting seller financing deals?

I’ll have to get things organized.

. - set up overdraft protection for your checking account (if you dont have one, get one; local bank would be better than national ones)- consider going to trade school or doing apprenticeship (plumbing, electrical, HVAC). really helpful skills. really

There is not really a "best" niche my good feller.If you are a good planner, and you can organize a crew and set deadlines and stay within budget... flipping would be good for you.If you are a good sales person, you will be really good at wholesaling.What are your strengths, what are your weaknesses... your best niche depends on that.

@Rob Forest It does not require any special skills any decent handyman can handle it especially if they have done it before and many will have.

A bank or a private lender or a hard money lender will give you money for a trade-off of a high interest rate and collateral in the property, but most people are asking for someone to partner with them without giving any background as to what they (the asker) bring to the table in the deal.What skills do you have that can help an investor out and develop a relationship that could end up in some form of a partnership down the line?

He's very organized and will let you know what he needs from you.