My name is Wendell, I am 26 years old and I am brand new to BiggerPockets, already love all the support and information in the community.I just wanted to layout where I am at in my investment journey as well as my initial game plan for really jumping straight into real estate investing.

Needless to say, this place needs repairs.The owner said he can no longer afford to manage the property and gave us 60 notice so he can sell...I assume to cut his losses (and headaches).

In the areas you are looking the tenant quality should really cut down on your expenses to make it very profitable. 

That's a straight up direct quote that he said to me with a straight face.I'm a real estate attorney with a broker's license.I have tried everything, and am out of ideas. 

Also, for many of the gigs that have the highest earning potential, you will likely be on straight commission (or commission with a very small base).

Wholesaling inherently cuts brokers out, so you may risk your license if your broker finds out you are moving properties without them getting theirs. 

I just helped one investor in Nashville for instance on how to research hidden lots.. and she found one straight away in the right venues there is HUGE money in finding build able lots that are hidden on OLD plats and not easily found. 

Would you give up 2% a month to cut 25 minutes off your commute to work each way? 

I asked for a lower quote from the contractor, but the PM said "everything in the bid is absolutely necessary" they cut about $900 off to clean/reinstall some light fixtures.

"I'd put that in the same bin with "We need to spend money on infrastructure" braggadocio by politicians to get elected.In effect, it'll prob be like stimulus check for $1B OR got 10 years back - It'll go in the GenFund, and then 80% will go to PERS (aka the budget blackhole).That's the problem is they're a good idea but mostly are "lets cut a check" and don't audit effectiveness.