I would like to find either properties that will generate cash flow or to flip as I believe that the areas still offer good chances of significant returns.

It seems like a great opportunity to generate positive cash flow and passive income which is what I'm striving for, but it seems like to even have my first property to function fully I would need systems and staff in place.

I do advise a higher sales price and lower interest for the average deal for a seller; however, for a buyer, higher interest, lower price is better.http://apps.irs.gov/app/picklist/list/federalRates.html

Can someone advise?

They specifically advise instructing a lawyer if you want advice on your own situation.

Eventually when you get more marketing dollars you can send this task out to a Virtual Assistant or Service.I hope this information helps you get started.Wholesaling is about marketing to generate leads, having cash buyers, and getting properties under contract yourself, or partnering with other wholesalers on properties they have under contract.Good luck and Happy Investing!

The sole purpose of the counties assessment is to generate tax revenue.

Looking for advise on insurance(s), bookkeeping best practices, and overall first time landlord tips!

Thanks for all the wonderful advise, I'm loving this site.

Does anyone have any advise or suggestions for a newbie just starting out with with hard and private money?