The entry level market is very reasonable and taxes are low there.

To make it simple the two RE jobs, absolutely no weekends available (which of course leaves a couple weekdays free).

Mailer response rates are always low (1-5%), so it is a high probability that the owner never responds to your letter.

$5,000 purchase price, I do come across properties that low but they will need a lot of repairs at that price that's what they don't understand.

THis appraisal is low - the comps were horrible, the selling agent just didnt fight it or help the seller in any way, and we simply 'waited' till timing was critical for the seller. 

So the line item for makeready, or painting if broken down that way, may be very low or not even there.  

That makes absolutely no sense.

Needless to say I did not want to insult the owner, and let them know I wasn't able to make an offer.Fast forward a few weeks and I get a call stating that another flipper was offering them a low number, and continuously calling.

I have never owned a Real Estate.Can I start my carrier as an investor & start making RE deals and do not use my first time home buyer opportunity i.e low interst rate for later ?

I would be getting this house for 35% of low conservative comps.