The majority of investors use the three (3) property rule.

I wonder if someone had a contract on the house and found something major wrong.

I guess my major goal is to gain capital.

Questions:Asking price 177,500 in a neighborhood where many houses go for more, but many have a pool, this does not. 4 small Bedrooms, (not a major problem) and the neighborhood is generally well kept.

Trekking through the jungle so to say is a major component that sets us apart.

Most if not all major metro cities are growing including the areas around them (within logical commuting range).

Keep in mind the majority of these ideas for a future home I've had in my head for years, so the likelihood of me NOT doing one of those things for my first house are very very slim.With all of that being said, any opinions/advice/recommendations on my ideas?

I'm also a double major in Real Estate & Urban Land Economics and Finance so I have a good handle on the basics of the business.After all these books, websites and postings I have read, I've narrowed my interest down to wholesaling for now.

Any major metro area is going to be high priced.

If you were to buy and you got an building inspection that would turn up any major problems right?