My ideal criteria includes: 1,200 - 1,500 sqft, 3 bed, 2 bath, garage (contingent on elevation), and bullet proof.I have seen some listings for somewhat odd and overgrown parcels of land selling low where the numbers might work quite well.

I don't think you would typically include the opportunity cost into your return on investment, but it's definitely a good thing to look into.  

Welcome Berny to BP, I'm also an experienced investor and mainly look for deals North of Buckhead and the Northwest quadrant including Cobb, North Fulton west of 400, Bartow, Cherokee counties.

I think this is twofold, one because the prices have been driven very high (and I'm late to the party) and the FHA payments usually are also higher (including insurance, etc.), and two because it's difficult to get the FHA loan on a property that is 70-80% and needs repairs, so nothing from my current wholesaler contacts would work. 

There are a ton of ways you can start off as a budding investor, like partnering with someone more experienced, bird-dogging for an established investor and providing sweat equity, because at this point in your career that's your main advantage, plus knowledge of social media etc.

Have you included a vacancy rate into what you will Net over the year?

@Christopher Stanis Hello Christopher you are very right that you said getting a Investor friendly realtor is great opportunity If you are interested in investing in nyc and Long Island area you we can work together We are very invester friendly and we know how to create deals w/h are great for investors Currently we have a d/t properties including REO foreclosures with an amezing asking price If you are interested let me know before it sold out Marta,

My partner and I will be doing a 50/50 split of everything and including some options to get out as @Anthony Susco  mentioned.

i work in the greater New York area were my interest are Listing Properties as well as Investing and everything else between including Networking.

Can a business obtain credit cards without a social security number backing up a tax id number?