BP community,I am not discouraged but also find myself probably in the same situation as many who are starting out and seeking advice to get some traction.I don't have enough cash (yet) to make cash offers, so I keep losing out on the offers I put out. 

Nonetheless, I added a long list of hard money lender Do’s and Don’ts in this thread, :Seeking Hard Money Lenders Do’s and Don’t’sAs you’ll read, chief among these are to never pay up-front fees and always find your lenders locally.

The max rent you could charge is $3000 and thats on the high end so the flexibility here is super restricted.Let's go to the numbers! 

Here's where buying below UPB is so important since performing note buyers base their calculations off of UPB, not total debt.We are more aggressive, seek out the more delinquent notes, so getting re-performers is rare.The best out of the 3 looked like this:Purchase price:     $148,500UPB:                     $149,059Total Debt:           $217,829Market Value:       $224,500Sold to 3rd Party: $200,000BidderNet Proceeds:      $190,830Net Profit:           $34,034I would definitely buy from Revolve again in the future.

Which has prepared us to seek other opportunities.

I will say, if you're seeking "affordable housing" then generally you're midwest and south east states are a good starting point.

A lot of the information you seek can be found there.

I had the same thing happen to me recently and I ran the numbers and decided to pull out the extra money because of the flexibility it afforded me. 

We see evictions as part of being landlords and thus a skill we'd seek to learn from someone with the requisite experience and knowledge. 

@Kyanne Mader I’ll plan on coming on February 22. 6 would be a little better, but I’m flexible.