Play the Cashflow game and you will understand that the goal of financial independence is to acquire enough income producing assets that generate enough monthly income so you can afford to live the way you want without having to work. 

As long rent compares with mortagage plays property in the good neighbourhood I would go ahead with Purchase

I have been successful in medical sales and have some money to play with but I'm just not exactly sure where to start.

For the steady, long term, play, stay in markets below the national average, and ideally below 3.0.  

With that being said if you get lucky you can hut the ball farther out of the park with this method, on a ROI basis, then any straight RE play.I am not sure if this helps you, but hopefully it gives you another perspective on your potential deal.Good luck,Arlen Arlen, I really like your play to rent to tech startups, and take equity instead of cash (maybe for at least a portion?)

A notice on Sat would be better before they can go out drinking or playing and spend the rent money.

I looked and couldn't find any posts about this, but I play a game called 'Capital City' which is pretty much an iOS cashflow game by Rich Dad.

@Krystal Richardson If you are sending out numerous letters to numerous leads, instead of splitting hairs on this detail, the most important factor is to get the letters out and get the ball rolling so that you aren't holding up the process for the relatively small detail, splitting hairs so to speak.I am always interested to see how the probate play works out.

I don't think you're providing enough information about the situation, the actual bid amounts will play into whether this is a good deal or not.

I may have overestimated the rehab, but played it safe.