It is a disaster in our monetary policy where the Government prints $$$.8- Inflation: What does that mean?

Both areas also, with the exception of the financial crisis, have consistently increasing property values.

I'm good with a hammer, but bad with financial statements and numbers.

The right answer depends on your goals and, from a strictly financial perspective, the route that results in the highest NPV for you.

Learn from someone else's mistakes, don't reinvent the wheel, etc.My goal for my first deal is to financially partner on a flip with someone who has some successful rehabs under their belt so I can be involved in a deal, see firsthand all of the stages of the process, and learn the basics from someone with some proven experience. 

1) Yes that info is valid2) Bid a good deal higher than someone with a conventional offer to give the seller a financial incentive to take your offer.3) Use an experienced agent who gets a lot of deals done.

I want to make sure my financial contribution in this deal is protected before I agree to go into partnership with my friend to flip this house.

After hearing this weeks webinar on multi family by Brandon Turner, I have decided that it is time to take action and move forward in this journey to financial freedomI am 27 years young and like to be outdoors and travel.  

The deal makes sense for my COC and $/door minimum criteria, but as i've listened to more experienced people on the podcast, i'm wondering if i need to add a criteria for annual profit to be >$5000 per property because it seems like that may cover potential disasters/capex problems that occur without wiping out property profits for multiple years.

My advice is to decide what it is you want financially from an investment- appreciation?