It may be wiser to use this money as the rehab budget for one since it's cheaper than HML as opposed to my out of pocket money to get into the deal.

$1000/mo-$120/mo HOA-$775/mo Mort=$105/mo to pay Ins and tax...guaranteed you will be out of pocket every single month even if nothing breaks ever.

Thanks Bigger Pockets

I have searched the internet and not found anything that works to fix the Excel workbook text converter problem.Can anyone on Bigger Pockets help me?

If you own RE chances are you have insurance, that in itself provides the deep pockets to go after you if you messed up. :)

Bigger Pockets Members, Great podcast shows.

Take advantage of the vast resources I've found here on Bigger Pockets--articles, tools, and connections with others.2.

Not what I was expecting.In my opinion, while DM to absentee owns is the right strategy, it's also one for those with deep enough pockets to out-mail the next guy or those able to strategically target a list of motivated sellers, at least in my market.DM will always be part of my marketing, but it needs to evolve like other parts of my business.

Some think landlords have deep pockets and can afford to wait.

There are other strategies which require no money out of pocket but typically a beginning flipper is going to need some available money at hand to get into the game or even to put you in position to use those strategies.