You must take risks, but, ensure that they are calculated risks.Below are some links to get you started. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/rules https://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Over the last thirty years most of the houses have been converted to year round, but some are still get away places and the area is dotted with houses that are in various states of disrepair and abandonment.

Watch this video and see if you still feel the same way:https://m.youtube.com/watch?

Fully managed by a PM who will send pictures/videos.

http://www.fox21online.com/news/video/superior-aim...

I knew nothing about it until I read some books, watched some videos, and listened to Real Estate Speakers.

Here is the update on this house.As of 12/6/15 foundation is in, framing will be finished on 12/20/15Will shoot another video to show some cool things that will make this home beat the code in energy efficiency by 30% or more.Here is the question for all that is reading it.

Since you have access to the Internet, you can access a host of valuable resources such as videos, blogs, websites, webinars, and e-books - all of which will provide you the information you need.

I would also watch some videos of Mauricio Rauld or Jillian Sidoti who are licensed securities attorneys. 

You might be able to get away with renting it without the repairs for a little while but eventually the walls and windows will start sagging where they are falling down because the sill is gone.