If they are professional, they can explain this quickly and easily.

Any quick tips, books, articles, blogs etc you could send my way that would be great!

The downside is that the property is landlocked...there's a right of way driveway that is shared with another lot for access.

It would just be more helpful to me to have a succinct book, training program or mentor that could help put me on a track to begin the business quickly. 

@Ron Fletcher it sounds like you have 6 more units to buy, quickly!

Overall the property is in a good location for commuting, would make a great starter home for the price-point, and a similar spec home sold very recently in the same town rather quickly.

I am also considering to go to Home Depot or Lows to get familiar with costs of material by myself and also get contacts of various contractors or handymans from my area so that I can just quick give them a call later and find out potential cost by discribing situations.

You could offer seller financing/ land contract if they don’t sell quick with cash offers 

Then that will give you access to their data base of available properties and all the property info. 

Dan Hi Dan, I think of it this way.Hard Money Lenders are people in the business who respond quickly, are set up to do real estate transactions and charge more money for the convenience and speed.