Have a large, remodeled 1br condo near San Diego STate University.

Also, continue to read these posts, ask questions, and gain knowledge constantly.

I live in falling waters wv (near hagerstown MD). i have started to invest in homes 140 miles away.

Aspen real estate is hot, unfortunately as I still need to by a home there in the near future.

Here is my checklist when I go through a house:[list][size=18]LOCATION[/size][size=18]Exterior[/size]RoofChimneyGutters/Sofitts/DownsPaint/SidingElectric Service Drop (older homes with above ground wires)Exterior Doors/JamsPorch/DeckTermite Danger (ground is near wood)Land Grading (for water runoff)Central A/C UnitCement/AsphaltRetaining WallsGarageLandscapingTrash CleanupOther[size=18]Interior[/size]WindowsInterior DoorsStrip Wallpaper?

It's nearly impossible to get great deals anymore.

In my opinion, one of the best things you can do to get started flipping is to study a certain market near your home to get to know the values of the properties.

For the near term, I think Jedi has a good idea.

That is VERY oversimplified, but you can use it as a super quick calculation to see if the asking price is anywhere near where it needs to be.As an example, a duplex that generates $1300 gross per month in rent should be purchased for less than $130,000 if it is in perfect shape.

One is in Yukon outside OKC and the other is in Norman near OU.