Yes, read as much as you can on BP (podcasts are awesome) and join REIA.I jumped in with my partner who had a few deals under their belt, and we did the following: lost a deal, found a mentor, successfully putting in offers, and growing a healthy buyers list.

.-- I believe the rent demand is healthy, however, my guess is the current owner has kept the property occupied by keeping rent well below market.

That house has no yards, junk all over, a half built lean to on the side that has been that way two years with a tarp over it.The house is very dirty, they have pit bull dogs jumping on my fence and breaking though it, the backyard is full of trash and they have a pot farm.I have been trying to get them to pay for part of a new fence because the dogs destroyed it for a couple of months now and I'm still waiting.It's very frustrating because now I have plans to move and need this repaired so I can sell this unit off.The good news for me is that I have one of the most responsible, clean tenants out of all my houses and he says he is never leaving until I kick him out.Good luck with your delima, I hope you have better luck than I do.

Do you need to clean out the furniture also?

I already feel 100% confident, its just time to broaden my knowledge and open myself up to new things.Im not 13 anymore, and this isn't a small boat cleaning business.

Everything on top of that we will leave to build a healthy reserve account.

The other investors will come and tell you costs and what they will pay (after you have a contract in place).Figures for me in Southern Utah:Paint: $2 a ft.Carpet $14 a yd.Granite $36 a ftSod $.25 cents a ftCabinets $50-$75 per box.Tile is $4.50 a ft to lay plus purchase of the tile.Labor, Demo, Cleaning, etc.ADD 20% to the final number!!!!

SHe would never do a deal without a good clean title.

Cost to rekey, remove their junk, and clean up (including labor): about $3004.

They would like for me to clean the space up and foot the bill.