Have an attorney prepare your purchase offer / contract and the deed of trust or mortgage, and make sure you're satisfied with the terms.

I talked to Quicken Loan, and they told me they will not finance a fixer up, handman special, rehab, or a flip; what's up with that?

My understanding is they're attorneys that specialize in Chicago evictions and they do A LOT of evictions each year (they file 400 actions per month!).

And each state will impose its own special challenges, such as TX and NC.

You have a huge active club in DCYou might consider Niche or Specialized Housing like student housing.

The second time round I finished all 1500 questions on retrainers practice exam questions and I felt very prepared for the exam.I highly recommend you get your broker's license as I see many benefits of having one.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.You might consider Niche or Specialized Housing like student housing and vacation rentals work well min your area.

(And special thanks to @Darren Sager for the encouragement from his Podcast to pass on the water charge to the tenants!

Here you will locate wholesalers to provide deals.You might consider Niche or Specialized Housing like student housing or vacation rentals.

A decent agent should be able to provide you information about the local market to help you make a decision.If you combine that info you get from working with a realtor with the resources you'll find here, you should be prepared to make the best purchase decision.I'd be happy to provide you a referral if you need one.