Definitely open an LLC if you haven’t done so already and once you have a couple under your belt, you will have lenders lining up for your business.

Something a couple of my beginner investors like to do is live in the property for a year or two then move into the next one and rent out the first one.Most important thing you can do is research the different niches within real estate investing and decide what fits best for you.

I live in Phoenix and my business partner and I put on a couple local forums for investors like yourself to network.

Unless you have a very strong team on the ground, I would not recommend investing in EC.Hi Vadim,Seasoned investor but made a trip down to Cleveland a couple months ago to check out opportunities there and hence made the decision to invest in East Cleveland mainly for cash flow. 

Quote from @Brittany Minocchi: I'm a bit farther north, but I've helped a couple of people with loans in that area - the properties seem to be working out well for them!  

And this low demand could be a couple of factors, either a rural location with low population density or the area incomes are not high enough in order to prevent a rent burdened scenario. 

Third, put the money into an account temporarily for a few months, settle in, buy yourself a gallon of your favorite Ice Cream, pop on the boob tube and watch a couple of good movies.

I’ve been using Obie for a couple years now - I switched from State Farm.

Anyone can get one and it's a couple hundred dollars. 

I’ve done a couple of fix-and-flip projects in the past, both of which were financed through hard money lenders.