Your example in New Hampshire perfectly illustrates that with the right approach, these relationships not only bring deals but also help you build a stellar reputation in your market.Keep at it with consistent follow-up, show genuine interest, and when the time is right, those deals will come to you.

Its like Fix and Flip loans/business purpose loans are now called "RTL's" real estate transition loans - same thing just different nameI know AAPL was trying to get away from the term "hard money" because for some it has a negative connotation but to me its all the same. 

I know it is alot, but I thought with a open schedule and possible ability to get this property at a discounted price it could bring in some return as I would have an easy tenant and location is perfect. 

I find myself knowing that im in the perfect position to start off my career, but I'm a bit scared and confused on what route to take.

And can I get away with only getting permits on new electric & moving plumbing, but demo,  erect walls myself and things like that?

@Michael Ludwig Others have defined it perfectly but I’ll use an example based on your St Cloud location for the 1% rule.

There is no perfect software out there.

There's no perfect software out there.

And for that reason, I wholeheartedly recommend REIHub.Now, it's not perfect.

Look at houses maintained by homeowners with this mindset and you'll see how much can be done to repair what you already have and how decent repairs can last a long time and be perfectly suitable especially for a rental and often at a small fraction of the replacement price.