Here are the stats$113,000 estimated ARV based on comps $10,000 repair estimate (seller says $5k but I don't agree)Seller is asking $79,000This property is pretty much ready to go (very close to turn key) the wood floors need polyurethane, roof is metal it needs to be painted and the grass needs to be cut and bushes trimmed.

not free but if you are doing any sort of email blasting infusionsoft has a great email management and blast softward combined with a solid back end CRM.        

I am a scratch business owner a few times over, so I'm well aware of the need for planning, research, and execution of a solid plan.

Is this a wood structure, metal structure or masonry structure; as this effects the level of design work needed. 

On one hand, if you want to manage a project such as a flip, you'd probably want to be nearby so you can be there to manage - at least until you've developed enough solid relationships with contractors and such.But, if you want to do turnkeys, you probably won't be able to finance anything in So Cal that would cash flow.

The deal has to be solid, as you can imagine.

He said there's no structural repairs needed, no wood rot, no bugs or mold.

As far as knowing what you want and verbalizing it, from my experience the investors who don't have a solid plan for a house going in are the ones who lose time and money.

Networking with high net worth individuals and closing on great deals to offer solid returns to your investors is also key.

Just wanted to introduce myself... new member in the ATX area and looking to really understand the real estate market as a possible new investment area for me.Looking to connect with others, find a mentor, and get a solid knowledge base going.