Hope to learn as much as I possibly can.

First thing in the morning with my coffee, I check all the potential houses on websites and I list the possibilities.

The most important thing is to find out as much as possible about the seller, why he is selling and what his future plans are.

Something that I have been pondering for a while now is the possibilities of building cheaper.

If possible, I would recommend making friends with the property manager who manages the condo association and see if you can get some of their contractor contacts.

You can use the calculators on here to present the deal to a buyer(free for 3 uses unless you upgrade to a pro account) with a breakdown of the estimates(you want to be as accurate as possible), and you can find templates for the contracts here(but your contract should be reviewed by an attorney in your area), and there are plenty of list services(a lot of people mention List Source) and direct mail services(sometimes combined with list services).

Hello Lacee, If you would like to discuss possible options to tap into some of equity on your existing deals, please feel free to reach out.

I do enjoy design and the satisfaction of transforming something slightly distressed into a whole new place but I would also like to do this as passively as possible, especially if I'm doing it mostly from out of state.

@Tony Hoffer I agree with recommendations to max out any employer match into a plan, if possible.

Find out who owns the property through county records, determine possible debt and date and amount of current purchase.