That's a great way to get into the business.A few tips that may be helpful to you here on the Bigger Pockets website as you build your portfolio:You can set up keyword alerts so anytime someone posts about Layton (or the specific neighborhoods you're exploring), you'll be notified.

Both will probably help you as you jump into real estate.A few tips that may be helpful to you here on the Bigger Pockets website as you start building your portfolio:You can set up keyword alerts so anytime someone posts about Jacksonville (or the specific neighborhoods you're exploring), you'll be notified.

Yes you can form an LLC to receive the rental property and set up a tax ID number and bank account.

I think you could use the second tab to set out a bid form for your GCs.

Good luck...might set you back only a few weeks.

After reading @Cesar Avendano's post, it reminded me that the banker I was working with on my FHA loan mentioned something about his bank also requiring 15% down on a duplex (even owner-occupied) when going conventional.

They do they're best not to loan money on bad deals, and this being your first, it may be advantageous for you to have another set of eyes on the deal.

As for mobile homes, if they have no steel girders under them, called stick built, they do gain value if set on a foundation not in a park.

This is even worse.2 - Tenant has made, and the owner has accepted, payments...but very inconsistently:  This sets the precedent that it's OK. 

Finding flips/wholesales that are NOT in crime-prone areas, or if there is a way of doing those without ever setting foot in those areas.I live in Denham Springs LA.  2 years ago we had a great flood.