Jannelle Nevels once you get possession of the property, check the plumbing, chances are there is a leak somewhere.Also assuming you read the Property Condition Report, which can give you a very high level idea of the condition.Did you get HUDs title insurance or your own?

While section 8 is a federal program it is administered at the local level so different areas have slightly different rules.

I will pay for my closing cost you pay for yours  or do you expect me to pay all costs.these are the basics... but do check to see if the seller owns it free and clear.. if not your have a subject too or a wrap situation which is much more complicated and creates another level of sophistication and due diligence on your part.

Once you have found a Investor Friendly Realtorask him/ her to determine the hot markets, in your County, with the greatest number of sales over the last 90 to 120 days using the MLS.

Very nice to live, but not necessarily nice to invest because the prices have increased significantly over the last few years and its very hard to get good cash flow out of them at the rent levels in the area. 

One recommendation I would give you is find your local REO meeting you can connect with all levels of investors. 

At the level I'm at, a pm isn't worth it.I'm too small a fish for a pm.I'd sell first.

I guess I am trying to see what people think more on the macro-levels. 

If you're fishing for contacts or the interest level of a friend and initiate, begin with a vague question and use the previous technique to continue or just move on.Information is POWER;  acquire as much as possible but give as little as reasonable. 

Hello,I am looking for an entry level job out of school that aligns with my long term goals to reach financial freedom and have a strong passive income stream from real estate investing.