Also, I would strongly recommend finding a mentor.  

I don't have the money saved up, or the proper credit to pay for the house like I originally planned before committing, and now I'm second guessing keeping it.

Real estate has always been a strong interest next to that of health and wellness.

I understand you want to leave some equity built into any deal you make, rental or flip, but to walk away from a strong deal like this because the owner won't drop the price to ~.70 on the dollar seems overly aggressive to me. 

It seems to me they are a great way to get strong cashflow without the high price point of Nashville.Does anyone have thoughts on investing in those markets further out?

I am a fairly strong credit quality borrower and would be willing to have a deposit account with the bank.  

I found that area to be an excellent opportunity to create passive income and strong capital gains.Looking forward to connecting with you, who knows maybe even do a deal together!

@Joe WardWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.The bottom line is that you must take action to start.

I found that area to be an excellent opportunity to create passive income and strong capital gains.Looking forward to connecting with you, who knows maybe even do a deal together!

I found that area to be an excellent opportunity to create passive income and strong capital gains.Looking forward to connecting with you, who knows maybe even do a deal together!