I can completely understand if someone was investing in a hot market and using it as a tactic to lock the property up quickly. 

Thanks everyone house went under contract quickly will be closing in a little over 2 weeks..Investors let's work!!

But at that point the type,  required effort and looming unknowns can turn it quickly into anything but a cash flowing passive instrument. 

You can plug all your numbers into the brrrr calculator and quickly see where your investment stands and how to adjust things to make the numbers work.  

If they are professional, they can explain this quickly and easily.

Also make sure you have your elevator pitch, a quick this is who I am and what I am looking for pitch.

If looking for a quick build cost in the core metro, may be worth giving them a call. 

I am a licensed agent and have no problem giving you a quick opinion on what the ARV would be. 

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Is there an app out there that I can quickly scan a receipt into an accounting system and have the ability to toggle between different properties?