I had the same mindset of at least get it under contract, get my foot in the door on the deal.

I've also found a few interested private lenders, but this information that I just received about No-Cash-Out is like a shot in the foot. 

@Daniel Alfandre when the odor is really bad you need to replace the sub floor and the bottom foot of drywall along with all the trim.

@Saul Howard We use ballpark estimates per square foot and would love to share. 

The fundamental value in David Green's book on long distance investing lies in the fact that not all markets are created equal for all purposes.You may do well to invest in Denver as efficiently as you can, and then plow some money into linear or hybrid markets throughout the country that gladly produce a near 1% Rent to Value ratio.

It's a smaller foot print house, 3 levels. 

Any ideas as to what the cost of a asphalt road per linear foot, thinks 20 feet by 1200 feet?

However, these are often linear markets, so won't see much appreciation.

As I said, I am a broke college kid with no past experience under my belt.What are some ways I can fund my first investment and get my foot in the door of real estate?

I don't want to start off on the wrong foot.