My initial intention 3 years ago to become a Real Estate Agent was to, sell 2 houses to record a demo CD with my Band.

The reason I asked is because my initial intention was to just wholesale before I even considered getting my license.

You helped me win a bet.

Your best bet get a good insurance policy.Joe Gore

Your best bet is to find a deal where the total acquisition costs (including any deferred maintenance) are an amount that will equate to a positive cash flow return.

The combination of the added living space and updates allowed me to really pull in premium rents/usually less than 24 hours from vacant to rented and the initial (plus ongoing) equity increase has been phenomenal.Of course the downside is that you have to float the house for ~2 months before you are done with the work and get it rented out.

(talk with the inspector that produced your initial inspection report.

(Logan prof)In the beginning, in my opinion you focus on one thing and become exceptionial at it, then you branch to other things if you desire, trying three things initially, all at once, so you dont limit yourself, typically limits people from gaining real depth and knowledge required to become good at something.My viewpoint.

I bet your civil engineering background might come in handy in RE investing.

The thing that gets my attention is the second property is worth about 40k more with only an initial investment of 20k, but I don't want to get to ahead of myself because We are building this as an investment/income property.