. :) I highly suggest you go through the resources on the site and get the feel on how you want to get started.

Please let me know what you guys think and any resources that you may think will be helpful to us.

I've partnered up with a buddy of mine who is liked minded and we are focusing our energy on flipping preferably 3/2 single family homes under 150K. 

He will/should ask you to share your short- and long-term goals with him so he can help you construct a plan that will enable you to achieve your short-term goals and reap benefits from those goals that will provide you with the proceeds and resources needed to pursue and achieve your long-term goals.

With that, and utilizing the resources here on BP on a weekly basis, you would be in a much better place in 5 years IMO.  

@Pugalenthi NatesanBP is full of useful resources such as forums and blogs.

As you start this new endeavor, I would highly recommend sitting down with a mortgage/financial professional to come up with a plan to help you achieve your short-term goals that will give you the proceeds and resources to pursue and achieve your long-term goals.

- what are market rents from your comps (call them, use craigslist and whatever other resource you have to get this)- what is the condition of units for your competitors (shop them!)

You can check the Learn tab above to get some free resources on getting started.

Finally I believe a lot of Florida county recorders and courts have pretty good online resources, so be sure to check those too.