Come prepared to write down the information though, because if you want copies of the documents the recorder typically charges $3-10 each.

Enjoy your time and prepare for your career in real estate.  

Just trying to get my experience under my belt :)So with that in mind, I am prepared to make her an offer of FMV - Repairs - Costs * 75% which would be about $45,893.28 (a little more than half her asking price).I would take a small spread on this personally (just for experience) while giving the potential investor wiggle room as well.Input is appreciated.

I'm mentally prepared for "no" but i'm not mentally prepared to be treated like I'm somehow lucky to work for nothing for 3 years.

Glen - make sure you need these tools before you purchase them and that you are prepared to put the dollars behind your direct mail campaigns before moving forward.  

Consider contacting a CPA specializing in real estate to help you prepare your taxes.

The work consists of not just hiring contractors to fix up the properties, but also of a property manager: marketing/vetting for great tenants, repairs, paperwork and tax preparation for my LLC (or researching if I should even use an LLC)..etc.  

Now that you are going to become a landlord..ask yourself if you are prepared?

I've had rentals in the past so I'm familiar with landlording, the smartest thing I did was prepare my wife for how bad landlording is going to suck, primed her for worst-case, told her horror stories, etc.

I have always completed my renovations within 30 days, and submitted all documents quickly, however when it comes time to refinance they have absolutely NO urgency in preparing the file.