You just have to play nicely with the SEC like what @Robert Borr was saying.Step #1- Just go meet people that you believe would be interested in learning what you have to say in the future (Don't talk about returns, etc. 

I went to the meeting last night at the library.

Hey Kelly, I know that the Orlando group that I’m in will be meeting up on Saturday.

NetWorth Realty of League City will be hosting a 90 minute meet & greet for new and seasoned investors. 

I joined BiggerPockets today as a matter of fact.Pleasure to meet all of you on here!

If I reduce the offer price to $422k, it's still not a good deal (Cash Flow: $403/mo, Cash-on-cash return: 5%), but meets my cash flow requirements.What's the magic number? 

Definitely start connecting with others (if your local through meet ups and the forum) and figure out what type of investor you want to be.

@james masotti  It's so funny that you say that because we were just talking about the market turn yesterday at my local reia meeting and I was explaining like it is at  Its peak and about to turn so my plan is to flip this particular property as soon as possible just to create enough capital to then invest in a multi families because at least by doing that Having flow every month it will supplement the Down turn Because in my market that's pretty much what does make sense And yes it's a pretty nice area but I gotta say the deal is good due to the fact that we got a distressed property owner so it almost just fell into our laps 98 % hard work and positivity 2 % luck lol 

Does it meet your needs? 

@Amul S. come to our meet up man!