I'm preparing to move for work, and I will be purchasing two properties near my new location while renting out my current house (originally purchased with this rental in mind, and learned a good deal from the process).

In any case, although he will be reimbursed for the earnest money by the syndication entity once the deal is completed, he need to have the $50,000 to $100,000 available out of pocket.So this brings the initial capital necessary to begin syndication at at least $100,000, with about $50,000 lost if syndication does not work and the process needs to be abandoned.

It’s just leg work and time to find a bank that will give you the best rate and service. 

There are many private money lenders that are established that will work with newbies, contractors that have completed flips looking for more work, and some great real estate groups (AZREIA) where you can meet other investors willing to share knowledge and success stories.

Also, on your first few deals, it would only benefit you to have a contractor you trust walk through the property with you and develop a scope of work and estimate.

I've already flipped a couple of houses in my life and dealing with Real Estate Agents and looking into how they work and all, it looks like an attractive career to me. 

If I started my REI journey over again today, I would house hack early and often.Congrats on the great work and look forward to following your journey!

But site work and finishes can move the needle dramatically.

To avoid her, you can go to the house when you know she'll be at work and can't attend.You also have a time frame to finish the move out inspection and sending her a list of deductions, if any, you are making towards her security deposit.

I've done all this work and maybe not bought a single home.