Patience is required.

Especially if permits are required, etc.

Investors might require a business banking account with high transaction limits to facilitate buying, selling, and managing properties without running into daily or monthly caps.2.

Thank you be aware that you cannot do a reverse mortgage, there is special training, and licenses required for both you as the lender and the borrower.

If it is a SFR, 60 days notice is all that is required.  

If there is landscaping that requires upkeep, there is a chance the tenant will not want to do that and over time it can become an eyesore. 

Asking is $1M-current loan is $650k)The sellers want to avoid carrying the balance $350k balance, even though the simplest thing is if I could make amortized payments on the balance.

certain wholesalers pray on newbies, and rush the entire process so you do not have time to do the required due diligence. 

@Devon Morrissey most covered by @Samuel EddingerWill add this, check out your state laws and also the PENALTIES.We know how it works in Michigan, where we do biz, and so we balance risk vs reward. 

I will note that some of the information on here will be different for you especially when it comes to loan products and requirements so that is something to keep in mind.