Hi @Pete Ackers - hey don't worry, it's natural to want to tell everyone you're new to real estate - I'm guessing (like most of us in our early days) you're trying to prepare your seller for a situation where you may make a mistake or do something wrong! 

I used to do this for a living for a short bit and it's great when you live in an area where the state PREVENTS insurance companies from raising premiums due to act of nature.

But must be verified by 60 day history, and must be a gift with no requirement to pay back.Reserve Requirements 3-4 Unit owner occupied properties must have 3 months PITIThree (3)- and Four (4)-Unit Property The maximum mortgage amount for the three (3) - and four (4)-unit properties is limited, so that the ratio of the monthly mortgage payment, divided by the monthly net rental income does not exceed 100%, regardless of the occupancy status.Livable Conditions The property must demonstrate the following characteristics: A continuing and sufficient supply of safe and potable water under adequate pressure and of appropriate quality for household uses.Sanitary facilities and a safe method of sewage disposal.

In pushing for a yes, the old-school salesperson makes his prospects feel like they are "being sold", and they naturally resist.Instead, tell your prospects up front that it is okay to say no and then push for a no (instead of a yes) whenever your prospects show ambivalence about selling to you.

Natural gas is the cheapest heat.  

As a new investor, I'm looking at B class neighborhoods so I would naturally think they would be Beech Grove and Greenwood....pretty much that area in SE Indy near 465 or 465 and I-65.

It can certainly help jumpstart your real estate career if you have a strong work ethic and you're a natural salesman.

However, I will not try to wholesale anything listed, and will work with a realtor for comps, see the house in person and have a knowledgeable rehab person with me so as to create solid numbers  (I'm very conservative in nature and don't want to screw up my very first deal by not being thorough)So basically, the bottom line for me is...networking/reading/marketing at this point.  

I have been actively acquiring Notes for passive cash flow since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.I upgraded to BP Pro & upgraded my profile.

Tennessee does not allow land trusts so I won't be creating those here but my goal is to pick up auction or FSBO properties that would be good farm land or even nature conservancy easement potential land, grazing land, mineral rights, etc..as I start out, especially in my region.