., but you have to bring SOMETHING to the table. ...regardless of what type of value you bring, it has to be sufficiently valuable for the mentor to benefit (and if the mentor is a highly experienced and successful RE investor, their time is extremely valuable, so they ain't gonna come cheap!). 

I personally buy at all times, just make sure it's cheap enough 

Don't buy a deal because it's cheap.

@Shalaye Camillo my first reaction is that $17k to add a bathroom and re-do a kitchen sounds cheap.

Coaching can be useful, but if a coach is actually highly experienced and good at what they do, they won't come cheap--and again, your money might be better spent elsewhere... 

Opening an LLC is generally super cheap and easy and provides a solid blanket over your assets for most legal issues.

If the property is in one of the cheap Midwest, or South States, the $100K equity loan may have less value in an overall deal.

Learn how to manage construction, read market trends, learn how to run numbers, take classes (just watch out for the sales pitch at the end of every cheap real estate class), read books, join groups.

It's highly unlikely he will find another place to rent for that cheap. 

Fayetteville also represents a pretty awesome Real Estate Market in NC, especially great for Rentals and Flips (tons of Military in need of housing, and very cheap price points in Fayetteville as compared to some of the other Markets in NC, like Durham or Charlotte.