What should I be worried about or watch out for?

Also as I stated before it’s really fun watching someone get excited about a project and helping them learn.

Gotta always watch those gray areas!

I would suggest you google floods in the area and watch and learn.

Hi Ann, That is very very helpful indeed Can you or anyone recommend also some really reliable high level PM property managers that watch our back as investors and are very active hands on ( advanced with their transparency online system and really good as PM to advice me as to viability of certain properties for rentals ).

First Make a Plan, what you want to invest in, why and how big do you want to grow it. second get your finances in order, know where the money is coming from, i see so many newbies put the cart before the horse and it ends in disappointment or worse.

In that case find a partner who can help you and watch what he does so you can do it next time yourself.

Hello @Jeremy Simpson- I'm not a big a VT fan (from Florida), but enjoyed watching them in the Vick days!

I'd also watch to see what that property sold for, going over asking price on a hud isn't really a wise idea typically.  

All the education you need can be gained by reading a few books, asking questions in the forums, watching some podcasts, or maybe networking with other investors.