Lucky or not, the fact you're in the REI game is the biggest fear that you've overcome.DM'ing you for more information about desired deals.

Everyone we have networked with says we must have skin in the game to do any kind of joint ventures/learn from them or even join a team, which we would love to do, however we basically gave our life savings to a family member to deal with a health battle.

That being said, I am open to investing in multiple markets and deploying various strategies.

I know a lot of these people are going through a difficult time so I want to make sure I am asking the right questions.I know there are a lot of people here who are closing multiple wholesale deals a week.

I think newer investors should use direct mail as a way of learning the game before they invest money on the other techniques that get you in touch with sellers more directly.

I've seen multiple situations where only a portion of the units are allowed to be rented out (ie 30%) and the rest must be owner occupied.  

It's like a chess game.

Alternatively you can use private or hard money for both the purchase and the rehab but you’ll most likely need to have skin in the game and put down 20-30%.

Surrounding properties were being sold for prices far above reasonable market rates and we were receiving multiple offers for high priced, long-term leases on a weekly basis. 18 months after purchase, while many of these lease offers were quite enticing we ultimately decided to let go of the property; taking our deeper understanding of the market and $2.6M sale price with us onto our next project!! 

I have used Lumber Liquidators for multiple projects and very much prefer them.