From a macro perspective I could understand the play, but shooting to get solid returns appear to be primarily driven by one's individual research which for me will be limited given my novice exposure to such an industry.

Rather than wasting your time, and tha of a prospective mentor, "follow" those that stand out from the crowd and when comfortable doing so, make contact by "request" and take it from there.Its very important to remember though, that everyone is here by choice and are offering their knowledge and experience out of the kindness of their hearts.

I have 2 solid deals with him now after walking away from about 40 others that would have sunk me before I even started.

I will be wasting my time talking to sellers of 1 family homes in the south ward.

Lot Cost $700k, Build cost $400K exit $2M+ This deal works because the neighborhood is full of solid comps of $2M. $500 per squareMight be partnering with Jory Sandusky's architec on this one.

I totally understand what you mean about investing cash and not wasting it (on cars) or hoarding it (in bank accounts)... and I plan to do just that with the cash; INVEST.thanks 100% for all this information given to me, I really appreciate it and will be putting it all to good use this summer :D

As much as I feel I'm wasting my time doing them, it at least shows the owner I'm earning my pay.Ali Boone Thanks for the nod!

Solid advice!

The first month has been only a 4% response rate. 3 solid leads no deals yet.Any deals from your marketing campaigns?

And, it's a waste of time snooping around without knowing there is a chance of making it a deal.Believe me, I know it's a temptation, but it will work out better if you ask around first.Be prudent, inquire, be professional