Until you get to know an area (from actually investing there), you'll have to rely very heavily on your comps and get many opinions from your team.Since it's very different working with an investor that a retail buyer, hopefully your sister-in-law has worked with investors - or reads the biggerpockets real estate agent's ultimate guide to working with investors found here:http://www.biggerpockets.com/renewsblog/2013/08/24/real-estate-agents-working-with-investors/Ideally you'll want to find an area of the city where the average days on market for rehabbed properties is fairly low for a quick resale and there is a good spread between "wholesale" and "retail" properties.Good luck - let us know how it goes.Larry

Time to build the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

I read the BP Ultimate Beginners Guide (UBG)2.

If you haven't read the FREE download of The Ultimate Beginner's Guide to Real Estate Investing, then do so expeditiously.

Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

Time to build the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

I've been reading posts in this forum, reading bp blog posts and I just finished reading bp ultimate beginner guide.

Time to build the foundation and legacy below.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

Ultimately I want to get into this home with the least amount of money out of my pocket so I can use my nest egg of cash for a rental property investment.

Someone stole a promotional pamphlet( flyer) of check printing from a printing company in my mailbox.