I've studied enough and have listened to enough podcasts to understand the general idea around wholesaling but feel I lack the step-by-step way to go about it and simply, the push to getting started (it can feel like you don't know "enough" to be "ready" to get started, you know?). 

I am very nervous about stepping out into real estate investing, but I'm also driven by the desire to succeed.

Hi everyone, I'm a newbie investor just taking my first steps toward making this my new business. 

Sounds like I may have to end up eating costs then on this one.I guess the next question then is do you think I'd be better off just letting my insurance cover any potential damages in the rare event that the pipes leak and paying premiums, or hiring a plumber/drywaller to do the work which would probably cost around $2K-2.5K  i'd imagine from the sounds of it.

I'm looking into tax auctions as a first step into a real estate investing as I don't have much capital.

I'm looking into tax auctions as a first step into a real estate investing as I don't have much capital.

I commend you for taking this crucial first step in your real estate investing career, and that first step is simply reaching out for guidance.Through the years, I have perfected and sourced undervalued property for immediate resale. 

I have to imagine that they are including the basement in the square footage number... but that would imply that the basement is finished, right?

But most of the time lender won’t stop it since it is the last step to cash the property.

I would imagine that in rural area 2+ BD's are what is in demand and buying a bunch of 1 BD or studios may prove problematic.Hope this helps and best of luck making the best decision for your goals!