The best thing you can do is advise the tenants of their rights when major repairs need to be done but aren't.

It automatically generates monthly rental invoices, reoccurring bills like sewer bills, and has great reporting functions.Going even further I got set up on IPN (Intuit Payment Network) and now I email my rent invoices to my tenants and they can click a link, and pay me online, I then just click to receive the payment and everything is recorded instantly.There is a learning curve to some extent.

Hey @Aaron Yates as I have had more time to research BP, I also came to that conclusion that wholesaling may not be the niche I start out with as a "newbie" because of the time and money needed.I would definitely be interested in joining your meet up group, please let me know when you decide on date and I will make sure I clear my schedule so I can attend.Thanks again for reaching out and giving me advise, look forward to talking to you again soon.

Find one who works with investors and will listen to your plans and advise you.And yes, I suppose an argument could be made that you could possibly get a lower offer accepted by waiving the buyer agent part of the commission (usually 2.8% around here) but I don't think that would offset the inconvenience to you.

Hey BP, Im taking everyone's advise about contacting an attorney to have contracts revised before use.

Telling everyone you know what you are doing, and you will start to build a natural lead generator that will result in referrals many times over if you are performing.

@Corey Davis I started using realquest.com because people advised it was more accurate than anything else for free.

Without knowing the amount of equity, positive or negative, we can't advise.

Start with some local advise and make sure flipping is what you want to do.

I don't very often advise people to study real estate licensing education material, however doing so might help you see both the nature of a licensee's relationship as an agent working under a broker's license and the broker's relationship with principal currently if formerly under a listing contract.I'm not suggesting that you get your license, although you may find that something that is ultimately worthwhile in doing.