Jasmyne, I urge you to make sure you are ready to actually jump in. 

Having a baseline knowledge of how your future deals will pencil out from a lender's perspective gives you a serious edge when it’s time to submit a Letter Of Intent.It’s not just about being ready, it’s about speaking the lender’s language when you are.

The distressed houses will be 250k+, I don't know for sure but I did look at setting up a network in Salt Lake City a few years back and I remember the price to play being very high and it was a competitive/active market with a ton of cash transactions.The minor leagues to this REI thing is:1) Get yourself ready by opening an LLC. 

I’m ready to give this everything I’ve got, and I just need someone who believes in me and is willing to help me get started.

Schedule E & tax-friendly reportsLook for software that generates Schedule E-ready reports and tracks depreciation.

there are transaction costs, closing costs, rent ready costs, holding costs, turnover costs - costs costs costs. 

This negative position can consume years of cash flow to recover.

I don’t want a handout — I’m ready to do the work — but I’m also looking for mentors, collaborators, and like-minded folks who see value in building something together.If you’re an investor, broker, operator, or someone who just wants to chat real estate and exchange wisdom, I’d love to connect.I’m especially looking for:-Partnerships or joint ventures- Help with underwriting- Opportunities to add value to a team- A kind soul who can explain DSCR to me one more time without judgment Let’s build something real — together.

You can search for a consumer rights attorney in your area.You can try www.Martindale.com or also the State Bar may have a Find a Lawyer service on its website.Just to clarify, you are not currently being penalized for the payment going to the wrong company, right? 

You have to have the full cashier check amount ready to pay on the court steps.