Ask a good real estate agent that specializes in investment real estate to see your options.Expect that properties acquired through the tax sale process to need significant work.

Despite the slightly derogatory tone of such comments, there may be some truth to it in the sense of that negative cash flow or zero (counting on appreciation) being a higher risk game, for people who already have the cash flow to wait it out and have nerves of steel. 

So much faster But eventually you're going to need to cut out an "L" or cut a slice that's too thin for a tile cutter.They are clever tools, though, for what is the most common tile cut.

During the analysis process, I started to think more about insurance and had some questions.I know most every property is going to need your basic homeowners insurance.

At the same time, we engage in borrower outreach with a soft and friendly tone. 

Originally posted by @Kendall T.:One

So I'm looking at places that are usually going to need new kitchens and bathrooms at least, and probably a restructuring of the living area/kitchen floor plan.

Set the tone so they know what to expect and they are not surprised by how aggressive they might need to be when they want to submit an offer. 2.

After taking the time to talk to or personally guide a respectable number of people in their twenties, I have come to find that firm, direct and accurate information can really adjust the reality of how real estate can be acquired and used to their best advantage starting with property that sets the tone for a much more profitable and rewarding future.Everyone understands the concept of paying rent, so to begin with a great opening question to our real estate student is, “How would you like to collect that rent as opposed to pay it!”

The local small banks are very eager to give out $$$.I personally use the BRRRR strategy and love it...There's no reason why you can't have 4-7 homes by the end of this year while working full time [see the 10x Rule above].I would suggest finding your freedom number [the amount it takes to cover all of your monthly personal living expenses and work it backwards to see how many homes you need.For example - if you need $4k per month to live on and you average $200 net per home [after debt service, PM, taxes, etc] then you only need 20 homes.Now I'm sure as an engineer, you're thinking about how many massive spreadsheets you're going to need to figure all this out - LOLDon't get stuck in analyse paralyses - make a simple plan and execute it!