Since I have the ability to renovate, my best bet is to look for properties that need repair.

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Hello and welcome to this site and asking that question Eric! 

Meeting other investors and discovering how I can be of value to them is a great path to success for me and I bet it will be for you. 

I've been looking at sites that auction bank owned & foreclosed homes.

Hello and welcome to this site and asking such a unique question Daniel! 

I’d bet he’d be able to help you!

I’d be willing to bet it would cost less than a 1000 to get that place up to code .

I don't know what your market's like but, in general, 40 days on the market isn't that long.Again, not knowing exactly what's going on in your market, I would bet that there are plenty of lenders out there that will finance with less than a 49% owner occupant ratio.

one day, but for now am just focused on creating as large a nest egg as possible.I found Bigger Pockets through the podcast (I think looking for investment related podcasts), and that led me to the site.