When done, vacuum with a hepa vac and wet mop until you could eat off the floor.A google search for "Lead RRP" should reap a bounty of additional information on this topic.

I gotta get in there and get my feet wet.

So, if prices dropped another 10% (which I totally agree with you, is very possible within the next year) it would be meager, but enough that they would be clear of the shack, and I would get my feet wet in rehabbing.

I'm gearing up for my first deal. Yay! It's a HUD home, decent price I think, but I still need to do a little research on the comps and any necessary repairs.

Where I'm concerned is if there are any restric...

For your first rental do you want to manage multiple tenants or just get your feet wet and start with one?

Or put in a smaller amount and take less equity so you can learn on a real life investment if this is just intended to get your feet wet before jumping in.

Are you able to share any recommendations for neighborhoods you believe would be good for us get our feet wet in for our first purchase and landlord experience?

I am confident through the bigger-pockets forum and wealth of info along with the first set of purchase I will be able to get my feet wet and in the door to multifamily ownership.

Big difference between having to put your boat in the water every time you want to get wet and having a dock where you can park it.Does it have a house?

I'm getting my feet wet but don't know what I don't know :)