Check out the Ultimate Beginners Guide and the BP Podcast. 

Check out the Ultimate Beginners Guide also.

It is just to risky for me as a beginner.  

Check out the Ultimate Beginners Guide and the Podcast.

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also - be sure to check out the post "House Flipping: The Best of BiggerPockets."

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.

At the end of the redemption time period You can apply for a Deed to the property.The next question once You decide on what You want to invest in, how far do You want to travel, for most beginners who has a full time job, in my opinion would be as close to home as possible, until such time You can afford to travel. 

The network of folks on here is such a great source for the beginner and seasoned investor.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Make sure to read the Ultimate Beginner's Guide to REI.