First step is to educate yourself on the business and financial requirement to get funding.

I think you'll find it just might finance the rest of your college education. 

That way I had multiple contacts/referrals in case something fell through, especially with contractors.When it comes to your questions, I personally scoured the interwebs like this site, podcasts/youtube, and others forms of educational media to gain a foundation of understanding and there is a pleurae of book recommendations as well people can always provide. 

I am getting a very interesting education on these assets and the statute of limitations especially on lines of credit are very important to understand.Just curious if anyone plays in this space and can share some experience as well

@Dustin CrawfordHi- Just a little education here :) The term is actually called Tax Assessment!

My husband is a contractor and can do 90% of the work himself, and his best friend has been VERY successfully flipping houses for years, so while we are rookies, we feel that we have the education, support, and skills to make this happen.

Educating yourself before you make any rash investment decisions.

Be sure to self educate by reading industry books, listening to podcasts, and shadowing professionals in your area.

Hi @Hannah Spanke,If you're interested in investing in San Diego, having a local team in place can be one of the most imporant factors in making sure your rental property is profitable.Having worked with @steverozenberg, Bigger Pockets contributor, professional real estate investor, and Head of Investment Education at Mynd Management, I've learned that not having a local team can be one of the biggest drains on investors return on investment.

@Monica Labrada, If you're interested in investing in multifamily in the greater Tampa area, having a local team in place can be one of the most important factors in making sure your rental property is profitable.Having worked with @steverozenberg, Bigger Pockets contributor, professional real estate investor, and Head of Investment Education at Mynd Management, I've learned that not having a local team can be one of the biggest drains on investors return on investment.