I work with a lot of new investors as a contractor, rehabbing their homes, and it's very common that they've overpaid for what someone said was a good deal, but actually wasn't.I'd encourage you to start small - a $50,000 house with maybe a $10-15K reno budget that you can sell for $75-80.

Tim G. gave great encouragement and I agree with everything he has to say.

Thanks for the word of encouragement Christy it is much appreciated.

Thanks again for the encouragement.

The market is definitely hot here and so are the number of realtors per capita (everyone and their mother is/knows one).Given the above, I would love to learn from the more experienced folks, maybe some words of encouragement, or when it would be a good idea to go to a different town assuming the above continues.

However, the professor, who owned many in apartment buildings in Fullerton, CA, encouraged me to invest in real estate and became a close friend. 

Yes a few- go to categories to find BP how to get the most out of ur membership etc, go thru the slide show to set up ur profile page- post regularly to keep connected and be active, set urself a goal to post for example 3 posts a day- give out in ur posts as well as receive, we all have something to give even if it's encouragement- sign up for the weekly webinars- get educated- write out ur dreams and goals and as u educate u will then know how to execute- all the best on ur journey!

I will encourage you though to subtract 10% of what your realtor says. 

When it comes down to it really how often do you get maintenance calls where him interacting with your tenants is an issue?  

I've been a occasional reader of some forums but glad to finally join and get into the community and interact.