I don't know what you would be pitching at 20 years old to get money so listen to @Chris Seveney.

That said, if you are in it for less than 100k, and somewhere around 30k out of pocket, then you don't really need to rent it all that much to make some money. 

@James Wise we will always regard you and your team as one of the leading experts in our industry!

As best I can I point out either evidence of issues if we can see them when we show homes, so you don't waste inspection and option money on homes you end up not really wanting to buy.   

Yes it costs money, but yes it's worth it (assuming they're a great lawyer). 

Whatever time you spend learning the pros and cons, and getting professional advice before you make your offer to buy them will be money and time well spent.Good luck on your journey!

Probably made more money on the sale of the land and the house than they ever did farming, sad as that is. 

Which would leave me money to spare for other renovations.

I'll do it in about 6 months once I have a foothold in NC.Yeah, I learned the hardway by spending money unnecessarily on this kind of stuff lol 

HARD MONEY LENDER FINANCING AS AN MLO How did you add value to the deal?