Apparently he's booked most weekends with people and their ghost cameras and ghost-o-graphs.

And you weren't looking at the books?

We ran no numbers, and at the time I had read zero books on real estate investing.

So I'm new to REI as well but a book I heard about that is supposed to be amazing for wholesaling is: "If you can't wholesale after this: I've got nothing for you" by Todd Flemming.

From reading books like Rich Dad Poor Dad, and other RE investing books, taking online classes and courses, going to meet-up groups.

All the books, coaching, webinars, seminars...they all paint a picture that anyone can do this with little to no money and poor credit.

I've been listening to BP podcasts and reading real estate books every day since that day.The genesis of my motivation to learn about real estate is to find a smarter way to utilize my excess capital to generate passive income.

Even with some repairs and 3% standard vacancy rates my calculation was around $700 positive cash flow per month.Also we are doing 30% downpayment in the new property so 8K pm (MIT) is the opportunity  cost for 30% equity and not 10% ,correct? 

We have stood by the principles Brandon discusses in his book requiring applicants to have credit scores 600+ and gross monthly (or combined monthly) income of roughly three times the rent. 

By showing yourself around the neighborhood, someone may not immediately be interested in selling, but they'll remember you over the letters they threw in the trash.I recommend listening to the BP podcast and start reading some real estate investing books to start off.