Example: if you are a flipper that wants to buy with low money out of pocket, then you would need to study that system and the private lenders market.

Growing up, I helped my parents with their house flipping and rentals, so I've witnessed what REI can do, I just hate that it took so long for the light bulb to go off.Current State:I am looking forward to gaining as much understanding as books can give me, but mostly eager to acquire our first property and learn while doing.

You want your tax assessed value to be as low as possible so your taxes are as low as possible.  

Because, as of now, the offer is going to be very low since I can't get inside. 

Inventory for small multi units is very low right now in north Chicago.  

The floor is from Lowes.

Prices for investments are really low here - you can buy as cheap as $500 per house, some agents just give the lock box code to their clients - so they wouldn't have to drive.

After much education and learning I have bought properties with low or no money down.

.- No/Low points upfront.- 30 yr am.If you can identify which 1 or 2 you want to give up, and can be crystal clear when Dialing for Dollars, it'll likely save you a bunch of time.

But if your goal is to keep your rehab costs low, it may be worth not doing as invasive of a project and going with the high velocity so you don't run into more problems when you start opening things up!