And...most of us fit into this group, when we first began as well.So here is my tip for those who need, want it, and glad they have it. ( I wish I could have this posted some place where I wouldn't have to hunt and find it every time someone asks this questions on here, but perhaps the owners of this site might tag it, we will see)So...here it is.THIS IS THE PLAN1.Location, Location, Location .2.

As an investor, I don't need a license because all of the transactions I'm involved with are my own and, as you know, you can do what you want with your own properties.Great that you're making an effort to learn the rules before getting into trouble.

I was informed by a neighbor that as recently as a couple years ago, the one house was basically a brothel, it's been cleaned up once the neighbors got the police involved but I imagine the tenants aren't the best.   

I still do my due diligence up front and am involved in the big decisions, but I'm not a part of the day-to-day operations. 

I plan to use a PM and would prefer less involvement but don’t mind a having a defined set of renovations.

As far as my goals are concerned, I have a few thoughts in mind: 1) I would like to get in touch with a few wholesalers in the area so that I can more quickly and efficiently acquire properties to continue my flipping business,2) I would like to acquire multi family residences as investments to hold and rent,3) I would like to learn more about financing options or best avenues to obtain capital as I do not have a large amount of cash sitting to be used for my business,4) I am interested in syndication deals,5) I would like to become more involved with the local real estate groups,6) Any advice of best ways to use BiggerPockets is always appreciated.Looking forward to hearing your responses and chatting.

I buy in south Dallas TX and it fits the formula perfect. 

., avoiding those trying to tie it up to resell or not really qualified, clarify costs involved or strange terms in offer, etc.); guidance through inspections (as many sellers get emotional and lose sale during this process), coordinate required repairs, resale packages, comps for appraiser to help avoid appraisal issues,  pest and moisture reports, walk-through, etc.   

It fits the definition adopted by other hack projects that are used everywhere.In the world we live in now, everything is about recycling or reusing things that already exist. 

This exceeds what the property cashflows for the new owner, by the way.My point is, you create good deals by talking to all parties involved and solving problems.