My names Christian and I'm new to BiggerPockets and real estate investing as a whole.

@Dennis Johnson- I've paid for various guru courses and coaching programs and here's the benefits that I've experienced:Specialized knowledge from people that have achieved a status that I aspire to be at (as opposed to taking all types of info from random people on the internet). 

Set targets, achievable ones and in numbers and work towards them.

Looking for leads in Washington state would prefer, west side of the mountains but willing to look at any deal in the state. Smaller budget looking for homes $250 and under, single family homes for a flip. Thanks

If you only put in 100k (the amount to buy the original house) and the rest was all appreciation of property- the whole gain ($350k) would be subjected to capital gains.

The realtor I was using to try to sell did say that the whole rent-to-own process can be messy and require down payments that some people may not be able to come up with.

Andrew Postell do you think an LLC would be the best business entity to use to achieve what you mentioned above?

In other words, my income on my pay stub is not a whole lot, but the total value of the room and board (I pay for nothing else out of pocket - gas for my car, utilities, internet, groceries, and so on) is valued at much more.

If you are planning to buy one and then immediately take out a HELOC against it I am curious how you will have achieved enough equity in the home to do that.

True that no special tools are required, but these tools are very low cost and allowed us to do a whole room full of flooring in a matter of hours, with no sore muscles.