I'm not here to start a political discussion but it is against some core "republican" beliefs to step in like this.

You need to talk out everything in advance, and have it written into an agreement.While you are still figuring out if you want to pursue this, I would start attending local REIA meetings and talking to everyone there.

Yes, a quick cosmetic flip is the answer but in most markets right now, that is no easy task to find.If you do not yet know how to estimate rehab costs, then I recommend you learn that step first as it is one of the two most important items you need (the other being knowing how to evaluate the exit value (ARV).

Or rather, what kinds are you interested in pursuing?

What are the steps for this process?

I think you already took a great step by being here.

It doesn't mean it can't work, it just means that the deepest of deals are usually properties that most people would never want to step foot in.  

I have experience with real estate from a construction and leasing viewpoint because if my day job but figured the next logical step is to start investing on my own.

From my understanding, if you renovate the property and the value goes up, you get your property evaluated. You want to value to increase from what you paid for it (plus what you put into it for renos). So when you re...

My question how would someone go about pursuing the land if the land is only worth $13,000?