Real estate investing is a forgiving world; the average person can still make money even with some big mistakes.Thank you so much for this I will take head to your advice! 

My advice?

Hi Joey, The best advice I can give it to learn the average "Gross Rent Multiplier" for each neighborhood in the area.

Any other advice?

Seek Legal Advice Reach out to a lawyer who can guide you through the specific laws in your area.

Thinking about making the first purchase:roughly $90K sale pricePlan to purchases with 100% Home Equity Loan 7% interest only for 12 monthsInvest $20-30K in renovations (using 7% interest loan)Anticipated value $150KT...

Any advice would be welcomed!

Not only that, but I am hoping to get advice, ask questions, and expand my knowledge as I plan to start looking into getting my first property.If you're around this area, I'd love to talk and connect!

While I can't provide specific financial advice, let's delve into thoughts on the parking situation and potential tenants.

Until next time, stay skeptical.Herzliche Grüße-Andreas* The preceding has been my opinion only, the views are my own, and are intended for educational and entertainment purposes only and does not constitute financial advice.