Check out David Greens Long Distance Investing book.

I wanted to get my feet wet and saw the potential for growth in the short and long term with nearby transit (Commuter Rail Station and discussions of the future orange line extension), bars/restaurants and Target was developing a small-format urban store within walking distance.

David Greene has some great information in both of his books about how to deal with contractors. 

I just started to read David Greene’s book buy rehab rent Refinance repeat... and noticed at the beginning of the book He mentions buying the property outright then Rehab .rent and Refinance.... however, don’t people finance the property to get into the deal in the first place?

David Greene's books are awesome as well.

@Michael DeHaanHere is the property: https://www.zillow.com/homedetails/607-S-Greene-St-Spokane-WA-99202/23525005_zpid/Most likely built quite a while ago but not sure.

Here's the background:-House in pre-foreclosure, $42k past due, $300k remaining on loan, auction on November 22nd, house is in WA state-3/2 house with 2450 sf-Good neighborhood, property looks well kept from the outside: lawn is green and mowed, house paint is good, general upkeep and maintenance seems to be taken care of-Comparable houses in the neighborhood are valued at $430-480k, and comparable rentals are around $2500 a month -House is still occupiedHere are the numbers that I came up with:-$200k purchase, all cash from private investor -$50k rehab as needed: $20k for kitchen, $7500 for laminate floors, $2500 to repaint, and $20k left over for unknown costs, closing costs, or wiggle room in the deal.

David Greenes’s books are next on my list.I’ll be browsing the forms, but if anyone has been using these methods, I’d love to hear your thoughts.

You just have no idea the bad taste or different taste than yours that some people have.When I bought my personal home, the master bedroom had a linoleum floor that looked like "green marble". 

Real estate has such a low bar of entry that a lot of people see it as a glamorous, fun profession--and it can be--but many, many people get into it and find that sales isn't something they were born to do.