Was I too close to the mentor and presented competition?

The investment is the down payment plus the closing costs: 40,500+5500= 46,000.ROI = 4297/46000 = 9.3%GPT doesn't understand the power of leverage?

Just finished my major in Business Management and am receiving my Management and Supervision certificate this summer.I've been studying real estate for a few years now, have watched tons of videos, calculated and ran numbers on numerous properties and listings, and talked with many lenders and real estate agents, but because I don't have anyone in my circle that's well-experienced in REI's I've hesitated to pull the trigger on anything.I'm looking to fix and flip, BRRR, LTR, MTR, STR, or multi-family.

They deed it out of the owners name OR they have someone with a fake (looks real) ID show up to sell at the closing table. 

Ideal for me.The only issue is structural issues; the agent recommended that I go with a FHA 203K loan.

I’m an investor agent in the area as well.

If you ever need any specific resources for your projects like contractors, lenders, or an investor-friendly agent, there are plenty of professionals here who can provide you with those connections.

It would take a good six months to a year to develop a good relationship with a probate attorney and they are more likely to build a relationship with a real estate agent first so they can confirm the value before giving their clients any advice on disposition.

The water system I'm on is closed.

I am closing on a house and family member of the owner is living there, who has no lease, or should be in the house once I close.