In person its a place I could see maybe doing an investment or two in but its not where I really want to set up shop (I mean that literally; set up a home and also set up a wood shop - so I can build custom cabinets and stuff).If Santa Cruz, CA ever goes on sale then I'll go there and suck it up with CA laws and cost of living, but for the foreseeable future it is not even a remotely viable option; I looked at a fourplex there generating $10k in monthly income and priced at $2,700,000. 

It is very much about which lender can really close on the deal, especially on a complex deal like a retail building. 

Build mobile home on the vacant lot I understand the cost involved for rehab the existing house.  

The goal in the future is to get the permit and add the value for a future refinance.I have called the county and building department and they said that I will need blueprints of the alterations and submit them for approval and get all the inspections in place (I know this will be a headache and can be very costly).

We recently had a deal where we initially didn't bring up seller carry, but through building rapport and consistent communication with the seller, an opportunity presented itself.

I've been told this is because Raleigh had zoning laws in the past that prevented building duplexes, but I would definitely need to research that more.

With that in hand, we close on the house, immediately re-list (avg DOM 30 in the neighborhood), sell that to pay off the loan and sell the shovel-ready lot in 2-3 months when the building permit comes in.

Hello,How do you build the self-confidence to approach a property owner about buying their property?

I mentioned to him that I wanted to get started with investing via wholesaling and after some chatting, he brought up his willingness to be a paid mentor for me to get my first deal.He said he would teach me Real Estate Economics, investor psychology, and how to find and build the right product/deal for an investorHe charges $150 a call if I book a batch of calls or $195 a call if I book one at a time.

After the crash in 08 he retired, moved back to Oklahoma, and now wants to come out of retirement and start building again.