Greetings BPI just picked a a huge 9,000 sq ft vacant lot in the city of Orange, near Santiago Community College, its a very nice part of the city, in the canyons, a lot of beautiful and expensive homes along the hills.I have been wholesaling for about 3 yrs, and just started rehabbing last year, I wholesaled the house next to the lot, and it just so happen the same seller owned the lot next door, so he calls me a month later, tells me he is leaving Ca for good...he 85 years old and just wants to sail.....and so he sells me the lot for 125k....unbelievable. 

That's awesome that you were able to pick up a property so cheap in CT, especially on the MLS. 

And the statement "That is not me" is a (Warning flag, Red Card, Strike 3, 15 yard penalty, 15 minute major, Technical Foul, pick a sport reference you like....

The plan is to wholesale into wholetail and, eventually, start cherry-picking deals to rehab myself, either for sale or for holding onto as a rental.I’m focusing on single-family homes, but after listening to more and more of the Bigger Pockets podcasts, Brandon has gotten me to include “learn the small multi-family rental business” into my business plan.

If you had to pick the best investments you have ever made that supplies you paper losses (tax shields) through real estate what would they be?  

I thought about doing some colored stone on the front patch and sort of caging it with chicken wire (to hopefully prevent people from picking up the chips and throwing them, etc).  

If your here with boots on the ground you will be able to pick those houses at a deep discount that will be best bang for your buck. 

I picked it up from a dallas area wholesaler, networth realty, who was great to work with.  

I have helped a lot of out of state clients, I also owned property in other states:I think the most important is;1. market knowledge (pick a market)2. have trusted on the ground person/ Realtor/or yourself3. knowledgable and resourceful lawyer/accountant/insurance/contractor/property manager etc4. handyman (I m still looking for one)hope that helps

Devon,Welcome to the site. the best advice I could see is to pick one or two topics and really dig in. after that you can open up to learning more.