How Can I Get Started"[1] Knowledge of what you want to do, and what you don't want to do.For instance I want to make money by housing people in clean decent housing (for a good profit), but I don't want to be the guy doing it in dangerous areas, or in rent controlled areas.

Make sure they are clean and actually call their references.

Purchase price: $42,000 Cash invested: $15,000 Our first rental property, lots of sweat equity put in but it cleaned up nicely What made you interested in investing in this type of deal?

Haven't gotten too deep into the costs yet, but doing the preliminary analytics. 

Clean look, simple design, and excellent photography.

That means despite their best care and cleaning, something came up.

Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...

It would be safest to let it go through that process and then buy it at government auction with the same clean title steps auction investors use.

But I think only for those with deep pockets, not someone starting out. 

You'll have likely have to do a lot of networking or searching as there is likely a good bit of clean-up to do if you've been doing your own real estate agent and rentals.