So I’m happily starting my research for my first real estate investment & as I’ve learned many strategies over the past 6 months looks as if I’ve submitted to one in particular to start my journey . My grandmother has heard me go on & on about the opportunity in the Tampa Bay market for a few years so she’s agreed to finance my first deal for a line of credit from a local bank for 50 k . Now I plan to go to the tax deed auction & find a property for roughly 25 grand (after of of course doing a intensive amount of investigating the property) then having 20,000 in potential rehab budget & 5,000 dollars in reserve . Now I have been to the tax deed auction in Tampa before once when I was 19 & it has been some years but I do remember competition was vast . I wanted to know if others have had success with these numbers or if I’m being too naive in my budget in mind . I would had to have had failing my grandmother & plan on bring her a great return of her money on her investment. Thanks BP !