It gets you started, because you won't want to waste that credit inquiry and go through the work, only to never submit an offer on something, and secondly, you will have one less barrier in your way when you DO see something that you want to place an offer on.

I'd be interested to know where the drain/waste/vent stack from the 2nd floor comes down to.

From what l can remember the transfer fees are minimal when done as a gift. 

My wife and I were ready to walk away, but didn't want to waste a trip.

Done correctly they can be a safe strategy with minimal cash requirements. 

Stick with the real estate industry. 4 years practicing that will serve you much better than wasting 4 years in dance studies!

I don't know what covid is like down there, but pre-screen people (make sure they meet your basic criteria-income over a set amount, good rental history) to minimize the people going through. 

I'd buy one property with a greater amount down or paid in full to test your market, team, tenant, and yourself while minimizing your debt service payments and therefore risk.

While most will invest in non judicial Versus judicial, you also find judicial notes in greater quantity and typically at a lower price pointIf it’s from a broker the first thing I do is determine the seller as there are a lot of sellers who put out tapes I won’t waste my time with as their price point is extraordinary

I just don’t want to waste anyone’s time by having them officially apply and go through the process if I know I’m going to deny them just based on the pre-qual questionnaire.