Those are virtually non-existent now with all the rules and regs and fines.Make sure you get the better stands to go in the ground as the cheap ones are to flimsy to stick in the hard ground and they will bend and blow over easily.Use a permanent king black marker so it will not run when the rain hits the sign.

They devoured knowledge like a fat kid on cake.

-Get a thorough inspection -Keep to a strict budget-Do most the work yourself (I went through a four year Carpenter Apprenticeship program but you may already posses the skills if you've been helping your Dad for a while)Good luck to you.There's nothing like cashing that first big fat check after a successful flip!

Landlord buyers also like these for permanent rentals

I give an example of one that would be set up to work on a more permanent and on going basis.

The one thing you should do though is treat the tenant as if it was your permanent tenant.  

that's a foundation  some over East of there in the next states over are so bad the houses look like humptydumpty houses cracked like and egg and off 1 feet from one side to the other.. we have bought hundreds of them over the years.. its OK if your getting them with pricing in mind its not OK to pay the competitive values in Dallas then have to deal with them after the fact and that's what happened to us.. did not know what we did not know.. so it was a big fat OUCH.

I was permanently, totally injured by mold several years ago, and don't want mold in my house, and of course selling it would be a problem, too!

Get a hard money loan for the purchase and rehab, fix it up, rent it, then refi into a permanent loan.In either case, though, you really need some cash to be in the rental business.

Barring a big fat pay raise at work, the above is my guess as to what it will take for you, made possible by your strong savings relative to your income, that you presumably lived frugally to achieve.