Hi Ronald, depending on what part of shelbyville the house is located. overall I would stick around with renting it for SFR,  Rental market is good.

I started a local investors group.

I'd say no matter where you're located, some common barriers to success are: 1.

I have a few attorneys I work with regularly, one of which is located in Norwalk.

Does not have to be local, since these are mostly general issues, not State (I've used advisors in other states but for other issues). 

, what made you feel secure taking the leap with hard money and going after that first flip.Partnering with an investor or doing seller financing would be ideal, but I'm still growing my network by cold calling other investors and real estate agents and attending local events.

I've never been to Cancun and am planning to stay additional days but at different location.

I would not venture beyond your skill set and suggest you risk harming yourself, such as getting electrocuted, however, once you have completed your work, have it inspected with the local building inspector.

I would start with maybe 300k and buy a house for LTR in a nice location, Get a  reputed PM who can rent out, attend REI meetings and meet similar wealthy individuals and get the cue from them  ..but that is just my thought

Bought it because the location, price, and other qualities made it stand out as a great property to have a long-term rental when I leave the area.That day is coming soon.