It might be good to have a contractor walk your favorite property with you to get a good rehab budget narrowed down.

Purchase price: $80,000 Cash invested: $3,000 Contributors: Cory Gamble SFH - 3bed/1bath home.

I will recommend my favorite book on the subject, which is "Every Landlord's Tax Deduction Guide" by Stephen Fishman J.D.

Probably my favorite of the 12 or so I’ve read so far.

I am curious to see what is everyone’s’ favorite/most effective way to find off market deals!

And yeah, it was brilliant, people were awe struck by finished product, point is it's big $ gambles, BIG, if I was wrong that coulda been a $40k+ "whoopsie". 

Yes, it costs money to tear down and haul off debris, a demo permit, and of course buying it from an owner that thinks it is only slightly less valuable than the lot next door that has a habitable house on it.Despite the shortage of listings, I am enjoying the challenge of finding sellers that are willing to sell.... drive for dollars, absentee owners, and for sale by owners are some of my favorites to interact with.As a realtor, I feel that I am here to help those that need it; for those that know what they're doing, welcome to the exciting ever changing market!

You're taking a gamble.  

Indiananpolis Out of State Investors is my favorite FB group. 

Hi everyone,I am new here on biggerpockets.com and wanted to ask more experienced folks what are their favorite Real estate investing features and tools on biggerpockets.com?