I literally have no experience in this area (or many other areas for that matter) so I definitely appreciate all the input.

Literally, the cheapest SF in this particular section of Mass! 

I have spent tens of thousands of dollars on my business including training in 2015. 

The taxes drop off by a couple thousand and there is much more inventory.

@Wayne BrooksIt is appealing when you have somebody who has over 200,000 or even a hundred thousand you just have to figure out what it is so you can get anywhere from $13,000 to fifty thousand and up depending how much surplus funds they have in their property I know I do here in California

Ronald Logan the only thing I would add is pick a market and learn it, look at it to the point you know every house that's listed in your market pretty much by heart (not literally but literally learn it well).

Investors spend hundreds, sometimes thousands of dollars on marketing.  

Depending on the size of the deal, your attorney fees could cost thousands of dollars.

They have to sell a lot of policies in order to be whole if they just have one $1MM claim out of thousands.

This house was kind of an open book, one floor, open in the attic above and open in the basement, so you could literally see everything, systems, framing, insulation, there weren't really nay surprises when we got into the rehab.