I am currently reading "10X Rule" by Grant Cardone among some other great ones ("The advanced Guide to RE Investing" by Ken McElroy, and "Marketopoly" bty Mark Mackenzie both great books which over amazing insights on identifying market trends and cycles, allowing investors to maximize ROI by staying ahead of the Game..) but the 10x Rule has stood out because of the principles it teaches in TAKING CONTROL of our success by treating success and the massive action that it requires as a personal "duty, obligation and responsibility"....not only today or tomorrow, but continuously throughout our lives.  

But as you correctly identify it's not the type of property - that's fine.  

As you identified, the costs depend largely on your plumbing system in place, ie how much of your existing house do they have to rip up and put back together to run the electrical, plumbing, and venting.

Turns out the property is currently in foreclosure and has already been identified to go to auction 03Nov16.

I think carefully identifying those neighborhoods that have been hit less than others during past recessions is something to look into.

They take the guesswork out of real estate investing, and known for their ability to identify undervalued real estate and provide their investor clients with an investing System (bankers, lawyers, rehab team' and real estate brokers) to find, buy, remodel and then sell or rent investment properties.

I have identified my target areas based on personal goals, economic, political, and geographical reasons.

I would like the conversation to steer away from identifying which or whose course you took but rather deal more with the actual substance of the course.  

Please keep in mind that our friends down in San Francisco and up north in Vancouver Canada have been asking themselves the same question for 15 years :-)As a former stockbroker and financial planner I have found that the peak of the market can be very easily identified by canvassing public opinion.  

But I am even more excited to reach my goals.I am hoping to close my first house hacking deal in the Spring of 2017.I currently work full time as a Client Services Account Manager for a Health Insurance company.I enjoy the security and responsibility of my FT job but I also look forward to accomplishing my goals of supplementing my income, setting up a long term “retirement” plan, creating a legacy and ownership for my children and the overall accomplishment of OWNERSHIP.I look forward to using REI as a vehicle to get there.I am very excited to “learn the ropes” and hopefully partner with other seasoned investors in an effort to grow in the business.My initial goal is to establish about $500/month from income properties and to accumulate $100K in cash to start, within the next 2 years.Lofty but doable…I would like to use the “buy, rehab, rent and refinance” as my primary strategy.I would also like to identify a mix of wholesale and fix and flip deals along the way.I have been looking through the forums and posting some questions myself and I would just like to say thank you to everyone!