Also I would suspect Within sfh that if an area close by is popular or up and coming you should see some uptick in demand for your sfh and you shouldn't see the fire sale mentality that you get every so often when one you have a unit in a condo type setting for example that you're trying to get rid of.I think it's a great idea for you that continue to take your time improve your skills and knowledge of Real Estate and then proceed forward once you have a greater level of comfort so kudos to you.

Real Estate investing is one of many ways to make money, but, if you are not in the Sales side of it, you face a lot of negatives in order to make long term profits.

I'm newbie,  I made a offer on a short sale then I found out that the process could take very long, so I decided to look for another property, as a first timer, should I leave that short sale offer open and and start another property?

According to 1760.03 new Toledo Lead Ordinance, Obtaining a "Lead-Safe Certificate", the Certificate is transferable:(c) Upon the sale, purchase, or transfer of ownership of Residential Rental Property or Family Child Care Home constructed prior to 1978 and which is subject to this Chapter, the Director of the Toledo Lucas County Health Department shall issue an updated “Lead-Safe Certificate” in the name of the new Owner, upon application.

(The second story is another commercial space but is unoccupied.)I have been approached by the mortgagee (a private lender) to suggest a deal that would enable me to acquire the building.

Do you think I should post under "for sale by owner" too?

She proceeds to ask me if there would be a way for me to assist her in acquiring an REO home.

An Mortgage Loan Originator (MLO) license in CA will set me back just under $1,000.A Real Estate sales person License will set me back about $1,000 also.Just starting here and I need income fast.

Sure, @Aldrin Contreras , it is ok to wholesale without a real estate/broker license... in fact, you don't need a realtor to wholesale a property if you find a owner who will sale you his/her property without a middleman....It is when you are looking to wholesale REOs is when you have to "DEAL" with a realtor...Good luck...

If you have a realtor find properties for you, it'll likely be that you'll be paying close to market values for a property unless you get one that specializes on short sales and/or foreclosures.