Is this kind of just a fly by night gamble type of deal?

I moved to the area two years ago for my job, and do not have any idea who could help mentor me as I begin this adventure.

I know that I have transferable and dynamic skills that will fit seamlessly into this new adventure.

Looking forward to hearing more of your RE adventures.

The only way this becomes good is appreciation, and to me that's a gamble.

We usually sell our foreclosure properties for a profit but thinking you could turn $500 into $80,000 on one deal is not investing it's gambling.

Stepping out of your comfort zone is where the action is.http://ronclimer.blogspot.com/2013/12/get-out-of-your-comfort-zone.htmlGood luck in your real estate adventures.

I'm no good with a hammer, not interested in flipping which seems too much like gambling at this point in my life.

If we ran it for a year and worst-case a renter who's unhappy with us attempting to raise/normalize rents reports the leaking roof, we could be stuck with MAJOR repairs that we can't yet afford, or who knows, a condemned building because there's mold in that roof/attic/walls that have been leaking.It's discouraging - we could walk away and take our $25k and go 20% down on a duplex that cash flows $300 a month, or we gamble on this place where the cash flow is approaching $1.5k per month after budgeting conservatively with the bigger pockets calculators. 

It's quite a gamble.