Hi @Valentino Smith congrats on jumping in. I

Also, any investors money will be tied up, meaning they cannot invest in other things...and with no money coming in I do not see too many investors that would take that risk.When you throw in the fact that you have zero real estate experience, no money (skin in the game), no other business background, very little credit history, you are going to have a hard time.

The area you're in is very competitive and you might consider working this deal for as little as 20% margin.

She contacted the utility company and since the meters are electronic, they can back-date them to any date they want and so she had them back date to when she moved in. I

That being said, if I found a deal where I could squeeze $100k in, I would.

That is going to make it way easier to rent, to keep rented, an also if i choose to move in, I will enjoy that option and won't might paying the rent myself to do so.Just my updates and thoughts for today!

After researching, reading and being introduced to the site, I'm ready to get off the sidelines and pull the trigger.I know I'll have plenty of questions as I move through the process, before I jump in, I was wondering what the thoughts were on starting doing a flip vs a buy and hold.

Most condo policies are walls in or studs in, I would be very surprised if your master policy for the association provided coverage for cabinets, fixtures and flooring.

It sounds like the tenants that are moving in liked the house but wanted new cabinets as a condition of moving in. I

I alerted on "wife" (because mine is SUPER skeptical) and "risk" and "equity" and learned that: a) I had to figure out which market I wanted to be in (I have my primary residence in the bay area and my first investment property in Oregon) and b) learn my market. 4) I am now working on identifying and learning about different markets and the properties in those markets, while growing my knowledge base.