Putting $3,000 worth of flooring (just an example) into the home to have zero net gain is obviously not worth it.

But it just so happens there is an EA here: me :)Your best bet is long term capital gains.

However, I feel like this property would be a good potential candidate to submit an offer on and gain some invaluable experience.

I have two potential BIG wholesale deals on the horizon because of the knowledge I've gained. 3.

Here are the two challenges that I would like to present:CHALLENGE #1: For those who have no money but want to gain some experience, or those who are as of yet unsure about investing their money.Dedicate a time to do these activities daily if possible.1.

Brandon Turner thanks for the welcome and valuable information.

I would stick with it and chances are you will sway from it some anyway as you gain experience and have random opportunities come at you.I disagree with Ben's advice about not getting the license.

Does it matter if you collect social security and gained the house in a dollar deed transfer?

I'm not sure if I could gain enough cash flow from that to pay my mortgage on another home, but I would like to do that if possible.I am very new to real estate investment, but I'm very motivated, and this is the direction I would like to move in.

Where to put the gains from flips for future passive income I do not know anymore.