I've been called that from about 6yo.My personal preference is to start small but not knowing to much about the game here is limiting my view on how far I can make the 200k go without being able to borrow funds (and which market I ultimately choose to invest)I have completed a 2 page business sketch stating that I'm happy with 2-3 projects in the first year as I'm not putting a ton of pressure on myself time wise.

The investment property is in Mount Pleasant, SC (Charleston area). 

The mortgagee is also putting pressure on the owner to sell.With no tenant upstairs, and that I have a transferable (if it sells) lease on the building for $1,000 / month for the next four years, I'm struggling to find a deal that works for me and the others.That said, the building is in need of some serious repairs which puts my business in some risk.

My offer on a REO was rejected as too low - the issue with the townhouse is listed at (1)"system did not hold pressure due to damages, unable to find source of allleaks, water heater damaged at side where TPR valve damaged" and (2) "Water Supply and Sewage system was inspected for presence of obvious visible defects.

@Libbie Grant Welcome to the wonderful world of real estate investing where there are a million ways to skin the cat, all depending on your goals.My family has been in the Mount Vernon area for 20+ years now, so that's my farm area, while Anacortes is my place of work and hopefully live soon.

not sure how BP works but here are the areas I hope to do business in:Charlotte, nc Belmont, nc Gastonia, nc NODA Plaza/MidwoodNorthlake Coulwood Mount Holly, nc ...for now.The sky is the limit, I just need help clearing the clouds!

In the Charlotte, Belmont, Gastonia, Mount Holly, Huntersville, Mecklenburg, Gaston county, North Carolina areas!

Seems like they are just stalling for a better offer to me.Anyone have any techniques I could use to put the pressure on this seller and get them to respond?

Does any one know a good HVAC contractor that is reputable and would charge a fair/good price for a roof mounted 3 ton AC unit in east Bakersfield?

You won't have a short term balloon either which gives you time to market the property and not get pressured in to taking a bad offer because you are up against a balloon.