(Great contractor so vital to success and strong numbers) ARV $90,000-$110,000.

I buy as-is and say I won't ask them to  make repairs, but surprises need price concessions.Not sure if you're getting a mortgage for this, but lenders won't fund unless it's pretty close to fully  habitable. 

I also learned that she made a habit of attending every real estate meetup, seminar, lecture and course, about any aspect of real estate, she could find, and had significantly more knowledge than the typical newbie, who if has any knowledge at all is all concentrated in one particular strategy.

Getting your real estate license is subjective debate and you definitely don't need your license at all (you have to disclose you are a realtor on mail pieces, certain regulations to follow, etc), but it was a NO BRAINER for me personally.I STRONGLY believe in "7 Habits of Highly Successful People" habit "start with the end in mind", then work yourself backward.

I plan to invest this capital in creating a habitable 2-bedroom, 1-bathroom kitchen downstairs and then proceed with a refinancing strategy.I'd love to connect with you to expand my real estate investment network and gain insights from your wealth of experience and advice.

The property (unit the tenant will occupy) must meet basic habitability standards and go through an inspection at the inception of the tenancy as well as annually. 

However, more equity is required, and having a track record is vital for recruiting private equity.Scaling your real estate investment company necessitates careful consideration of your long-term objectives.

For my business, when a seller says anything about taxes, I tell him/her/them that I will pay for 1 hour (up to $200) for them to consult with a CPA of their choice (or my company's) to get the vital information for their circumstances and their needs.

I agree with you, getting out there and making connections with those in the field is vital in addition to finding a deal.

They must approve the habitability of your rental before payments start.During the tenancy, section 8 also conducts annual inspections to make sure that habitability is maintained.