@Amy E. has some excellent suggestions.

I feel you guys know where I come from when I say I want to do what I want when I want and achieve that through real estate.Anyways, I'm 20 years old, good amount saved up (that I won't use) and looking to dive into this real estate investing lifestyle.I've been making offers and atleast sounding good on how it comes out and how I deliver it - but I would still appreciate a step by step list onFirst you should___Then___If this doesn't work then do this ____I want to beat Anyone's offer and make the seller come to me.Any tips for acquiring the seller and to make a killing in this business would be great.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com - free e-bookFlip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

I just heard about it this w/e.

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideHow to Be a Landlord: Ten Tips for SuccessFinally -be sure to setup some keyword alerts - especially for "Lewistown" so you can jump into local conversations.See you around the forums!

Sometimes a builder or lender will give you a tip on a property as well.

Setting up some automatic e-mails is pretty quick and hands off after it is set up.

I know that I would run a risk of something not being covered if there was an accident but I think I would much rather take that risk than have my insurer send a notice to my lender pointing out that I transferred my policy to a landlord policy prior to one year passing.Unless I’m not seeing something, I don’t think there’s any way that my lender could find out that I am not the primary resident over such a short amount of time if my insurer doesn’t tip them off. 

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com - free e-bookFlip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

Sharing here for your convenience:The formula posted above by Account Closed is widely used for determining your max offer: 65% (or 70% as shown on the example below) of ARV, minus repair costs, minus your assignment fee = your max offer.The After Repair Value (ARV) is the estimated full retail price of the property after it is repaired and in "tip top" condition and ready for sale, and you would need to plug that number into the formula above.For example, if you determine a property would retail for $100k, you could use that as your ARV.