Some markets, such as Memphis, have been so heavily influenced by the recent swell of investors, it might become saturated pretty soon.

Your education would put you in a position of influence, help you network with more like minded people, and would of course, land you a business or job that would help fund your real estate endeavors.

I bought it super cheap from a motivated seller.

And is there any suggestions on weeding out non motivated sellers at the voicemail?

(This could be a pro- it could motivate seller to carry the note)

I used zillow to find properties in my area, and in the key words box I typed in "motivated" and that'll bring up all the homes in your area that are being sold by motivated sellers and just negotiate with them.

All depends on your motivation to own it and what you think your competition (other buyers, if any) will be offering.

(My morning motivation) lolOK, the flip side: you can generally purchase as an owner occupant (better terms), purchase under market, make the choices, do much of the work yourself, complete the projects over time and have a significant increase in property value!

I am very happy if I can motivate just one person, all of you on BP have been instrumental in my success so far, thank you!

Secondly, your brand will help influence an appraiser (it has for me at least), and your brand will impress the agent who also talks with other agents.