While getting rid of all the renovation waste, I saw that some of the doors and windows could be reused.

--Site plan, energy plan, floor plan, structural plan, and so forth.If you have drafting skills AND are familiar with these drawings, you can make them yourself, but if they're not up to snuff, you'll waste a lot of time and effort.

I am completely new to this website/forum.My husband is a very talented carpenter/remodeler who in my opinion is "wasting away working in a shop owned by other people."

I don't want to waste their time right now cause I want to learn for a few months before diving in.

And....I wouldn't waste time or energy chasing the appropriated rent either.Btw...

@Eric Harris-PoindexterThat's kind of a loaded question.Best advice I can give for any out of state investor is have a good team in place (lawyer,realtor, property manager, banker etc). 

After 15 years, The house would be paid for and would most likely be worth around 150,000$, now if I get 10 of these going, Im thinking in around 15 or 20 years ill have 10 houses that are worth around $150,000 each all paid for free and clear,  Also wondering if putting more than 20% down is just wasting my own cash since im not the only technically paying for the mortgage anyway. 

Hello BP fam.  Just wanted to stop in and introduce myself real quick.  My name is Jared and I'm a commercial realtor from North Alabama.   I currently don't have any of my own investments but as the title states, we'...

Ok so how I got started was by doing a boat load of Google searches about an easy way to get into real estate.

If I have a physical document I generally have recourse to enforce it.At this point if you have a valid contract that says non-refundable then you might be wasting your time.