My boyfriend and I have been following Bigger Pockets for a while now and have been planning to invest our money in real estate somehow.

My realtor and the other realtor I consulted both said this is better off as a rental property and I should've done minimal repairs in the place instead of following my mentor's advice and gutting it.

Note that in Philadelphia mortgage foreclosures are also conducted as sheriff sales, and the state laws and rules to be followed are quite distinct for those two varieties of sheriff sale.

I'm OK as my home mortgage and rental mortgages are paid off.I started real estate investing in rentals in 1983, and the markets fortunately peaked in 1986, following a dozen years of dizzying rise.

We don't want to waste our time on showings to applicants who won't qualify so when they reach out to us via Zillow, Trulia, etc we follow up with an email telling them we are happy to give them a tour of the home, but also tell them to be aware of our requirements. 

Hi, i would like to get some general idea, how long should i keep reading books, forums, following ppls stories on how to wholesale and flip homes?

Unfortunately you just have to follow the lease.

Do we, or has anyone followed through with buying anyway?

Quick evaluations are as follows, lot rent x number of occupied lots x 30 or 40% expense ratio(depends on who pays utilities) x 12(to annualized)=net operating income (NOIthen you apply an appropriate cap rate.

I am sorry, but I accidentally pushed the wrong button before I was finished.