Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

@Jacob Dalton realistically, I think it all comes down to your goals.

One of the great things about having multiple residents per property per year is that you can iterate faster than with an LTR.

Your ultimate goal is to create a “Win-Win” Situation, for you and the seller.

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Obviously the end goal is to build my own real estate portfolio, but gotta learn to walk before running and crawling before walking.

Banks must approve a short sale for a short sale to take place, and banks hire appraisers and other real estate agents to perform broker price opinions (BPOs), or estimated values of the home.The goal would be to negotiate with the seller before the home becomes a short sale. 

My goal is to gain a solid understanding of the process, master deal analysis, and ultimately close my first deal.Right now, I’m focused on learning the basics — from finding motivated sellers to building a strong network of cash buyers.

Congrats on reaching your goal Glenn!

As long as your project complies with local zoning and design standards, you can expect faster approvals.4.