footage,  the year major mechanicals and exterior have been upgraded,  if there is a deck,  if there is a dog,. if there is a garage,  if you have had a claim,  if there is a fireplace,  natural gas or wood burning....  

It gives you time to check over your numbers and make sure you have a solid exit and rehab plan.Is a seller's disclosure required in Kentucky?

I'm in your neck of the woods.

Questions to ask: how many acres, perk tested, well, zoning, restrictions, road frontage, seller financing, clear or wooded, streams, potential to subdivide....etc.So, tell us about your mentor.

We have enough saved up for a down payment on an investment property now, but I'd like to make sure I have a solid plan and have found a great deal before pulling the trigger on anything.I know the market here in Raleigh is crazy, so I'm considering things like direct mail marketing to try and find good deals.

If you've got a solid company that's giving a good yield, history of paying dividends, solid growth history, and you know you are going to hold it for 20-30 years, it's a good potential.

Consider wood-look tile, if you are set on replacing that.

GA BP:I Guess this would be some kind of seller financing/creative financing and need solid advice.

Get the a solid rated insurance company.  

@Rohit Singh I look forward to learning from someone in my neck of the woods and creating some RE stories to actually share.