So, it's understood that I need to save up a "massive" amount of money in order to even think about a flip but I know my area (Central Islip Suffolk County) very well as well as its surrounding areas and am itching to learn and experience how to flip local foreclosed homes.

Market rent would probably be only 12 percent higher based on surrounding properties.My lenders are offering a 5/20 at 4.25% or 10/15 at 4.75% with 25% down.Any suggestions on an offer?

You are in an excellent area for multi family investing, surrounded by opportunity.

All the surrounding towns have been asked to have residents stay home and businesses shut down.

You will always be surrounded by prospects.

Needs new floor and vanity.1/2 bath needs tile floor.Full bath will get a new shower/tub surround and new countertop/sink only.All bedrooms will get new carpet, fans, and fresh paint.Game room area needs new carpet and paint.The biggest "if" is in the first floor layout- there's a non load bearing wall dividing the kitchen and dining area/living room.

In New Jersey where I live and in many of the surrounding states you actually need a brokers license to start your own management company, assuming you will be leasing properties and collecting rents.

Would love to hear from fix and hold investors and anyone that is active in the Baltimore or SF surrounding area's markets.

You have to use your body (natural weapons) your hands and your feet to defend yourself and any surrounding objects that can sway things in your favor.Many people buy a gun and never practice with it and can't even shoot straight and freeze up when a real confrontation happens.

I am still researching the area and looking at several angles; schools, closest stores, and other surrounding employment.The detail that worries me is that the houses look so much alike, interior and exterior, built by the same contractor.