Almost all of my flips in my first few years were more of the lipstick variety although I did often move or remove a wall or two to open up floor plans and such. today, I must create my spread by building as those easy lipstick deals are super hard to find and typically only going to be off market deals direct from seller to investor.

That said, experience comes in many varieties.

I got a substantial discount at inspection because of numerous issues, and they also promised to fix certain items to be completed one week prior to closing, which they didn't, so that I negotiated another $6,500 in seller concessions for me to hire someone to do the work they had promised. 

Bought numerous properties for $1 when the market was down in 08 through 11.

However, the investment was not without numerous challenges.

@Robert Collins the best way obviously is by experience, but without doing it getting estimates from contractors to do a variety of jobs on your different units and you will get a sense on what things cost and the time involved.

@David Swedberg I have said this numerous times, but a series LLC is great if the ownership of the underlying series is the same as the ownership of the parents.

I started working for pay at around 6 years old (true story). a wide variety of jobs.

Numerically the $X/mo might be the same as their 20% cut of net profit, but an important difference here is that now it's 100% your property, you don't have someone looking over your shoulder every time you sign a new tenant, etc. - The 20% owner wants a one time payout.

Originally posted by @Timothy Morales:Hello I’m new to the community I need to learn how to invest into real estate commercial any ideas were I can pick up the education I’m from Dallas TX There are numerous resources out there, but the best will depend on your personal situation.