But I have to say, it took me about a year to win the bid, since I wanted to stay patient and get a true bargain. 

I've had a few offers fall through, but I'm being patient because i want to buy right. 

Here are my numbers on it to give you an idea of what to expectSo my advice would be either expect to be patient and wait for the right deal or consider other areas that have better returns.  

There are a few pockets that are relatively affordable, but you may have to be patient and act quickly when something becomes available.cheers,Jeremy

Since I'm a newbie I'm stuck between taking action and getting my feet wet and gaining experience vs being patient and finding a really good deal (which I know is difficult in today's market) 

You'll just have to be patient when looking as there aren't a lot that pop up and they go fast!

If you have some time, you can find a deal with multifamily; you just need to be patient.

I am an landloard looking someone patient and local to help me rent out a unit.Thanks

Add to all of that the confusion of BP'ers writing recommendations for companies they work for or commentators who are actually getting paid referrals and it can be confusing.Feel free to message me - I would be happy to share with you companies we have masterminded with for best practices in this space and whom you may want to check out.I would however recommend buying in NV based on what you've shared, but if you go out of state, just be patient.  

@Gerard J. that one was probably an above average deal, but those are out there if you’re patient enough and can offer with cash.