Hello Community-My name is Adam, and I have absolutely no experience with buying houses, rehab, flipping, etc.  I became interested because, I have a friend who owns a duplex (out of state) which she rents out.  One s...

Most of them are like this, with much too narrow a margin to turn a profit.

You need to focus on area, up and coming and B to B+ and C properties.

I did an in-depth review on them, but I also would recommend taking a step back and looking at all the options before narrowing your focus to just two right at the beginning.

I also narrowed down my niche to be rental property, basically I want to buy properties and rent them out.

I have found them incredibly valuable in terms of learning the seemingly infinite ways people make investing work for them and narrowing in on a strategy that will work for you.

All that said, I do not believe (nor will I ever believe) that I know everything about real estate investing.To start, I am looking to narrow down the area in which I want to work here in Memphis, build good relationships with realtors, attorneys, contractors, and other investors in the area as I start this new adventure in my life.

They really helped me narrow down what I want to focus on in real estate investing and then helped me further my education in that specific area.

For some reason, in real estate and in life, as people learn what you are trying to accomplish, opportunities present themselves.Depending on what you are trying to accomplish, you might be best suited focusing on a particular unit size/location/etc. and really narrowing down what you would consider a "good" investment.

By doing this over a few months, I got much faster at saying "nope" to a lot of properties... it helped me narrow my criteria considerably.