If this is your first flip, don't attempt to do two at once.

Your best chance might be to attempt to buy the hospital debt at a discount, and then you can foreclose (or buy out these people, but why pay them when the estate owes?)

It appears you have already done this, next I would attempt the following.

I was wondering if a good approach to find a mentor would be to go on craigslist and actually find investors who are posting on there attempting to purchase houses and contact them directly from there.

If thousands of people attempt such a feat, one of them might succeed.

You're still young with a FULL career life in you at 28 Michael and I'd say take some risks by going where the money's at - failing at your age at some of your attempts is something to expect and you'll only learn from it..

Price out repairs.The first method helps keep him and myself less busy cause there's been plenty of times when I've analyzed the comp data/market area, then went to the house, and the house be in such bad shape, I wouldn't begin to attempt my first rehab on.

Your first few attempts are going to be failures, but you should not need much capital to start.

Attempting to build in a lot of exits out of a contract may really back fire if the conditions are not common for your area.

I have done some reading and have attempted some mailers, subscribe to realty trac, but mainly use MLS listings.