I have knowledge of this section of REI, but I haven't gotten that 1st deal done YET, but I'm constantly studying and reading the ins and outs of wholesaling to make sure I won't fail by not knowing what is a deal and how to structure it to make it worth their time for potential buyers to be repeat customers.

After that i'll rent the property out and pass the management portion to a property management company so that I could rinse and repeat the process of aquiring the properties and fixing them up so I can grow the rental portfolio.

Many banks are trying to get as close to market value as they can get, and if it's a big national lender will let it sit on the auction site, repeating the auction until they get what they want.  

Unfortunately, both of those results are unlikely to repeat, and neither are anything close to sustainable.

Begin reading, take action, and repeat.

Makes it easy to rinse and repeat and you are not at the mercy of the lender each and every time. 

Question 2: When I decided to start a direct mail campaign, I misjudged the cost of repeated mailings.

Advice for this site...1) Set up keywords for your area and interests so that you're notified when they're used and then start interacting. 2) Read through The Ultimate Beginner's Guide3) Go through applicable blogs and podcasts as there are a lot of great resourcesAdvice for REI...1) Study up on what you need to know/do for the 1st step and then do it, then repeat for all following steps until you have completed your first investment then repeat process and keep learning.

Collect your money and repeat. 

My husband and I are finishing up renovations in our first fixer upper rental property in Lancaster and looking to refinance and repeat.