Ok BP Community, I am brand new to the world of Real Estate Investing(and I need some advice).  

Welcome to the site @Richard Morency Bigger Pockets is the most innovative and educational site available to learn about real estate investing.Wishing you the best!

Twelve flips later not loosing money on any of them, I'm feeling very good about the switch from real estate agent to INVESTOR.Our company has a very innovative short sale marketing process that has been proven over time and works perfectly for homes in non conforming areas that are in bad condition, exactly what I'm looking for as an investor.  

So let's treat this like I am brand new and don't know anything about investing.

I'm brand new to real estate and will really appreciate any advice you can offer me. 

What is your brand? 

Yes I am brand new to this, aside from buying houses that I lived in, I have not bought a house as investment yet...My goals are to acquire rental properties to build wealth and cash flow. 

If the leases are strong and the tenants are stable, it might be nice to keep them.On the other hand, if the tenants are an issue, there is a chance that the current owner wouldn't reveal to you the full extent of the issue.If you're a brand new investor, it could be hard to select a quality tenant unless you adequately prepare yourself for the task.Are there any more details available, or are you flying dark?

Tips used from Biggerpockets that did NOT work great for me:-Walmart brand semi-gloss paint.

My father and I work together building Brand new Luxury custom homes in the million dollar bracket.