Hi @Valerie Post, I am a realtor and an investor too, an ideal realtor doesn’t just sell properties, We sell ourselves.

Hello all,Let's make this brief Recently pre-approved for 300, teamed up with my realtor and went on the hunt for my ideal starter home, white picket fence all that good stuff.

Would like some advice on this deal - thank you in advance SFH under contract for $106k (current owners purchased a year ago for $59k and did lipstick on a pig) - neighbourhood nice b /C class neighbourhood - little crimeInspection brought up a few things Asbestos tiles in the basement, im told they are fine but I would prob want to epoxy over them to be safe though not needed supposedly I just dont want to have anyone at risk ($1500)Roof will need to be replaced in the next year ($8-9kish) and chimney needs workGarage door needs to be replaced (has a hole in it) ($700)Stairs and driveway need to be addressed - very bad trip hazard, driveway needs serious work ($2k)Had drain scoped needs to be cleaned out ($500) but otherwise goodAC is working but on the way out in the next yeara few windows needs to be replaced and smaller stuff etc - looking around 15-20k out of pocket to get home up and running Now all done up this home will appraise for $120-125k and rent for 1400 a monthhowever and I understand the sellers want to make some money (home was sitting on the market for awhile) but this is a pretty big list of big expenses and while I dont mind taking them on to be all in with zero meat on the bone from an equity standpoint seems not ideal as I will be locking around 40-45k up in the property (from DP and fixing cost) and homes in this area appreciate around $1k a year - so not much appreciation potential Insight appreciated - thank you for getting this far

However, for the past few months I've been teaching myself about real estate investing by reading books, listening to audiobooks and watching YouTube videos. 

It's the ideal use for the property I think, but it's a small amount of grapes on only 8 acres or so.

It's a complex topic, you can definitely learn more about the basics from YouTube videos. 

To start out, I would start by watching/listening to as many Bigger Pockets podcasts and Youtube videos as you can to see how you can build your buyers list.Bigger Pockets PodcastsBigger Pockets YouTube Channel

Avoid their free YouTube videos, their offers of newsletters, special reports and especially avoid attending their free introductory meeting or workshop.Then go ahead and decide if real estate investing is something you want to pursue.A MUCH better idea than starting as a “wholesaler” is to obtain your license and become a real estate agent.Becoming and agent has the following advantages over trying to wholesale1.

I would like to buy my first multi-fam ideally in the tri state area.

Personally, I liked just watching youtube videos and listening to podcasts.