hypothetically speaking, If I saw a distressed property and I contacted the owner and he is willing to sell me the house for X amount. What is my next step (what contracts etc do I need) without involving realtors so ...

Not sure if anyone has experience with either of these, especially for someone starting off. 

The last two are either off the market, unsold, or back on the market.What about you?

At the rate that homes are appreciating it seems waiting to invest while we save is going up much faster than the rate we are able to save.Future goals are the equivalent of $80-$90k per year to live off of.

Also, make sure you know what the monthly HOA dues are as these can be pricey and make it difficult to make money off of the rental.

Over the last 6-7 months, I’ve been doing my best to “get smart” on real estate investing, starting off with Rich Dad principles, which led to Rich Dad Advisor (McElroy, Sutton, etc.) audiobooks, which led to BP podcasts and doing YT research on tax benefits…I’m feel ready to take action and start putting everything into practice but still not certain which method is best for my first investment property.

Hi BP friends,I'm looking for cold-calling scripts to use when reaching out to off-market property owners.

That shaves 4-6 weeks off the process. 

Seems like something is off but hard to know what specifically without more details.

This allows many groups (I know the crew at Easy Street can do this) even close a loan in a week or less.They'll stay off of your personal credit, while not impacting your personal debt to income which is valuable as you start to scale.