@Ariel G.Buying turnkey properties will likely reduce your ROI because of the higher purchase price, since you will be buying at or very close to market value instead of at a steep discount.If you BRRR, you can buy a property for a deep discount and then manage the rehab yourself.

We had an inspection done prior to closing, had all the repairs from it fixed by the sellers and had it professionally deep cleaned before they moved in.I agree I'd rather know about some of the "stupid" stuff than not know about major things and I expected getting some of that. 

I read a lot of posts , listen to podcasts, watched webinars and I'm still in a deep hole - not knowing where to start ...Being said - I would like to start investing in a rental SFH in New Bedford MA area or some small fixer-upper to flip on a Cape Cod.

Every auction is different and you may not get any of the properties you have set up for your bidding due to deep pockets or payment of taxes by the property owner prior to. 

My recommendation would be to take a deep breath and begin your education.  

Check how deep and the age of the pump, they should have a record if it was replaced.

Sorry but your realtor is wrong without there being offsets deep in your tax returns that they would know nothing about.  

This is not a detailed step-by-step of how to flip a house, diving deep into the trivial details of the real estate market that may or may not apply to your situation.

Basically if its somewhat nice its over priced, if its on the water or right next to it its over priced, if it looks like a deal it has deep seeded issues.  

My heart is pounding, I have to remember to breathe.