I will get my feet wet.

I'm just starting out and trying to get my feet wet so I have decided with a SFR.

Paint inside, and out, they've painted on the brick exterior and the new shed I put in just for them, they've ruined the carpet/vinyl and decided to rip it out thus they've stained up the hardwood floors, the kitchen and new appliances are toast, busted a new window, torn out and lost new screens, the bathroom WAS new, they've ran a leaking clothes washer and soaked the floor which is probably ruined, that leak has gone into the heating duct work and has pulled away from the furnace, they tore off every down spout which has resulted in what used to be a bone dry crawl space being wet, I cut the yard yesterday(when I saw all this), and they are three weeks behind on rent.Human trash is being kind...

I know that you are referring to me as a wet-behind-the-ears grad school idealogue and have done so many times.

If it is the joint compound for dry wall, all you have to do is get it wet and let the water soak on it.

For the time being, I'm looking at wholesaling for the first year or two to get my feet wet, and then moving into rentals and/or buying and holding.

The best way to get wet is to dive in, you'll have a greater motivation to learn different strokes to get there!

Looking at the deal now as a flip or rental i would not have moved on it, but living in the place for 2 years and getting my feet wet in real estate was all worth it.

Concrete doesn't "rot", and you don't have a wet basement.

There were several replies that were from newer flippers and congrats to them for getting their feet wet.