I'm here to learn, learn, and learn some more until I put some skin in the game and get the ball rolling.

I am new to south F, I am buying a Condo for me at the beach and planing to jump into the buy-rehab-rent right after I settle down.ThanksVan Der Hi @Van Der Fran (can't mention properly with link for some reason) I would say (in simple words) that Beach is not for the aggressive investor, unless you have very important and qualified introducers (you know what I mean) for getting real deals.Sometimes you can do good deals by flipping, but negotiations are difficult, sometimes long, competition is sometimes insane as they offer even more than wise, and for some reason many many contractors charges more than normal for working on the Beach (and, given that even normally they are difficult subjects, this add another difficulty.Final pleasure, City of Miami beach is crazy (I proved on my skin) and they are really picky.Ah, forgot to mention that if you plan to buy and rent to hold, revenues are ridiculously lower than in other places.

There are definitely a lot more multiplexes available south of Shaw than there are north of Shaw - so there are plenty of opportunities to find deals - it also depends on where you are willing to invest - some investors stay away from areas south of shields, but for those with a little thicker skin - there can be some good money to be made - as was stated earlier - getting your rent on time every month from Section 8 can turn out to be a lucrative proposition.  

You must have hella thick skin to be making $5k offers!

He will be putting skin in the game as well.

Sorry for the rant, I do have thick skin and brush off those that act in such a manner without care.  

I don't invest in "rough neighborhoods" nor do I recommend others do unless they have a very thick skin.

I find that they feel better about investing if they know I also have skin in the game.

Now I need to figure out some operation capital with the terms I need to empower everything else.I am stuck pickle in the middle, I have a few banks willing and interested in playing ball and funding me, the issue is I need to throw some skin into each property for a 1yr term.

The process is as simple as it sounds but not easy to put together.Your first deal may be the hardest deal but what that first deal will show you is that this is a real opportunity and for many folks it can change their financial situation forever.There are not many business you can start and be profitable on your very first transaction.JUST MY 2 CENTS BUT THERE'S MORE THAN ONE WAY TO SKIN A MEE-YOW