I am new to investment real estate but have been doing my due diligence in learning on the subject and searching for properties that work for me. 

If I had the money I'd have closed the day I finished due diligence.

Due diligence starts now.

If you do a 4-unit and are very diligent about finding a great deal, you can basically have your 3 tenants cover all costs for the property & basically live rent free.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Download BP’s newest book here some good due diligence in Chapter 10.

You need to base your due diligence on the actuals from the owner and you need to see a copy of each lease from each current tenant.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Download BP’s newest book here some good due diligence in Chapter 10.

In my studies the message is to you due diligence and calculate costs and then I watched a training where the investor made an offer on the spot with a few simple calculations. 

Be sure to study the leases as part of your due-diligence...Hope this helps!

While you could just register a quit claim deed.. if you don't do you due diligence, trying to save a couple hundred dollars  on an attorney overlooking the transaction, may cost you several thousand dollars on the back side.