I am also fairly new to Bigger Pockets as well as real estate.

I'm fairly new to the industry, but am supported by a great team at the Denver Homes Group.As a new member I look forward to contributing to the community my thoughts and experiences but am really excited to learn from the pros on BiggerPockets.

You presumable paid what you thought was a fair price for the home you were going to live in.

It's nothing lofty, but I believe it is rather attainable, even having small children like I do.Based on what I've read, wholesaling makes the most sense for someone in my position, starting out with fairly limited time and money.

But, if they get a hearing, a judge could reverse the sale, due to them not showing up....unjust enrichment, fair paly, blah, blah, blah. 

There must be some good non-recourse options as you start looking into the bigger multi-family opportunities.Let me know if you need any help with the SA TX market down here, there are a lot of good people to get plugged in with, but also your fair share of crooks.

When I look at the red-lines, they appear fairly straightforward that a knowledgeable lawyer should be able to address in an hour or so (I do many contract reviews in my professional work so I know how much time it should take).

For the most part, I can see a fair 10% increase, that’s normal and in line with the market place.

In that perspective, I though the $197 could be a fair deal and worth the risk.So I go to the 3 day.

I agree with one person who replied saying that you really have to know that rental market area comparables and cap Rates in order to fairly judge the cap rate for your current property.