I was taught to go the MAO route, but I still would like someone to give me a breakdown as to how you go about making offers using investor comps.

That being said, the route I've chose for my business is to do Wholesaling so that I can learn to find deals, then in a year or so move into flipping houses so that then a year or so after that I can start working on more of a buy and hold strategy.So for now, I'm looking to network and learn as much as I can.

If you go that route, make sure you're familiar with basic SEC regulation, because pooling money from multiple passive investors without proper filing is a big no-no...

(seems like the better option but have never done anything like this before)3) walk away due to inspection contingencies because repairs are over budgetI'd like to avoid too much discussion on option 3 although it may be the route to go primarily because it is an easy one and I'd like to explore options or negotiation ideas I hadn't though of yet. 

Honestly if it where me, I'd just pay tax on my income upfront and then use the money I WOULD have spent in a 401k on buying property and getting tax advantages that route (plus investment property).

I would suggest that this is not a route to take for a newbie.

He did give me a quote just to R&R the rotted wooden soffits and fascias but I'm afraid that will just become a nightmare and it will all need replaced...guess we can try that route first.

If you go the route of un-licensed contractors and short-cuts, and do a lot of rehab, then the inspectors will find out about you in a bad way.

I just passed the Florida RE exam on Tuesday 2/4.I'm taking a bit of a different route in that I got my license to help with getting my own deals.

This route you can lock in a lower interest rate for a fixed period of time.