There are many great members here on BP who are tremendous resources of information and will help you greatly.

Their time is valuable, but with some incentive, I'm sure they can help you tremendously.

.~ The flips always cost more $ and time than I thought, which cut into my profit tremendously~ I didn't manage contractors very well (A lot of $ was wasted and stolen)~ Inspection responses cost a lot of $ ~ FHA has the 90 Day rule (an FHA Buyer can't get a loan until you own the home for 90 Days, again this was more time into the project and more $)~ I only wanted to go to these properties like 3 times during the whole rehab process, but I found myself going there about a dozen times per project.

I also got to sit down with him for a while and chat, and he's a great (and tremendously knowledgeable guy).

If I could get a tenant in there to pay $500, that would be a tremendous cash cow, if I could get the price down.They are asking $26,900 but a lot of prices are now closing at assessment values.This particular unit sold for over $50,000 years ago.

I had to give him the selling agents contact info.You can take my advice as you will, but I have learned a tremendous amount about finding and researching houses.

That's a pretty tremendous way to take advantage of leverage since the amount you'd put down is so low, and you're building equity you can then borrow on in the future and possibly living for free, even if you actual cash flow on that given property is low.

You could have tremendous ROE even with negative cash flow or visa versa in theory. 

@Devin Mann as said closing cost vary tremendously. 

It has made a tremendous difference!!!!