Major thanks to @John Moore he just taught me everything I needed to know regarding determining AVR, im super excited.

I am a 24 year old newbie from Riverside California, and I am excited to be apart if this community, and hope to be able to offer whatever I may, although I'm here mostly to learn, since I am only just beginning to learn the business, and don't have much experience at all.

It is exciting and very challenging.  

Very excited this site is here for the beginner. 

Hi All,I am new to BP and very excited to find a website that so informative with RE investment.  

I am excited, I am really feeling like i am making true progress.

He told me if I ever consider PMing to just go ahead shave my head because I'd pull all my hair out in the first year.Some folks are quite successful at it, but I can't imagine you'd be excited with the $/hour return when compared to rental properties.Another option would be to consider investing out of state - you give up some of the control you have, but can get much better returns and pay somebody else to deal with the headaches.

I tell ya though, when my mentor told me the location of the property I was a tiny bit reluctant, but my excitement to PM my first rehab without putting one dime in it made me get over it quickly - like in 2 seconds (lol).

The cap rates don't excite me, but at the same time I see the equity in the deal.

I am excited to get started.