HI @Scott Gadea, the answer is:  Save more money ORInvest in a lower cost market Both are methods that people have used for years to generate great amounts of financial stability or wealth, but the latter is a wonderfully efficient arbitrage play AND many would recommend this because of the fact that your home market is a cyclical market and you'd be wise to build assets in linear markets, or at least hybrid markets that blend the benefits of the two.For more information on investing in real estate outside of your home base area, check out David Green's book Long Distance Real Estate Investing

Assigning contracts is just one method of wholesaling but if it's the method you're planning on using then you need to invest in understanding the other methods. 

(the Brrrr method) bc I don't have a good score @ the moment?

It's funny - when I first started in RE the BRRR method was scary to me - and now I see it as an essential way to scale. 

.- A lot can go wrong when your replacing electric, plumbing, drywall, HVAC, framing.

So I see a beautiful home listed for $40k I have saved $20k it seems like very little work and according to Zillow the median price is $75k I have very poor credit I can do plumbing electrical hvac personally myself it’s seems like a perfect investment opportunity and usually at this point I say I need to save some more and get discouraged I’m am very interested to hear recommendations and advice that you in advance

I plan to purchase a property needing renovations in order to use the BRRRR method which can help me purchase a 3rd and 4th property in the future. 

Question:  Is it reasonable to ask the tenants to pay for the plumbing leak since they didn't notify me within 24 hours of the leak? 

Thats the basics of the BRRRR method that is advertised around a lot.The usual restriction is the "6 month seasoning" period. 

I had a similar situation with property damage, one of my tenants flushed a medicine bottle down one of their toilets and backed up the whole plumbing system.