Listening to Brandon's Podcast here makes me think that i need to buy a property that is falling into a sinkhole and covered in black mold and then get my "Justice League" of contractors to fix it up before I can make a profit off of it (using the BRRR strategy).I desperately want to jump off the high dive into real estate investing but Im deterred because I dont want to buy a property with more cigarette smoke damage than a 1950s casino.

A part of me wants to flip this at a huge profit just to prove my arrogant uncle wrong.

Your offer should be based on the profit or ROI that you deem acceptable.

Also, was just cruising around on meetup.com in the area, and apparently there is a huge interest for Mooresville Real Estate Investment meetup group.. nobody is doing it, so if we can get a couple of people committed to going, I can organize something, or if someone else wants to put it together, I'd be willing to attend. 

The brings me to the next step of understanding loss to lease numbers: organic vs operational loss to lease.

There is not huge profit for lender to finance small loan amount.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

And carving out time to quickly rehab units so the empty days are minimized.I e-mail my procedure manual to folks who PM me, as a starting point, if you are interested.If you decide to go it alone look for classes and/or local organizations to keep up with laws and for additional support.

Another with a small profit.  

Account Closed Yeah the challenge I am facing is almost every property I have found is either way overpriced to be profitable, priced reasonably but in a high HOA area that eats the profits, or cheap but not in an area that can draw the rent (or tenant type) I am looking for.