As you progress - you will meet others that are in your type of business to learn more.

To me, real estate, the way we work, is the best way to insure what people see as something like a retirement fund or a steady cash flow.

Your general knowledge on the steps required to purchase, rehab, and sell for profit seem to be quite lacking.I would find a steady paying job and over the next 12 months work on fixing your credit, saving some working captial, and increasing your understanding of the Real Estate Investment platform.

Also you may want to identify a project manager to help coordinate and check-up on the progress of any work that is occurring at the property.Finally be prepared to travel to the properties in the event something goes wrong.

It is said that history tends to repeat itself and it is also said that only a fool would make the same mistake twice, so your guess is as good as mine.If we ever have massive RE appreciation rates in the double digits again, I would venture to guess such a scenario would not take place for at least another 2 decades or more, but I was wrong once before (wink, wink)Kidding aside, I believe that once we are over this "correction" and get through the massive amount sof lender owned properties, we will encounter a more steady and reasonable price inflation of RE.

Wholesaling is definitely my backup plan but there's some meat on the bone and it would be a great first buy & hold given the location and a few other variables I haven't found in other houses in my area.I'll keep you guys posted on the progress!

Its the only right way of progression.

I'm happy with my progress.

No one gets paid to impede your progress.

We monitor their progress and send them report cards so they know, if they are performing or not.