Most technical professional high earners are good at their job but bad as investors.  

Plus, if you are going to use a 203k renovation loan, then you need to live in the property for at least 1 year, so a quick flip would technically violate FHA guidelines.I agree with @Bill B.....even with the built-in contingency reserve, make sure you have available cash in case things go astray.  

As previously posted, do a lot of research first to find your niche.

While it is technically true that Alabama law permits both mortgages and deeds of trust (DOTs) to secure promissory notes, in practice, mortgages are overwhelmingly used and widely recognized by local title companies, courts, and lenders.

In most states, wholesaling is technically illegal as you are operating as a real estate agent without a license.That said, it's done all the time with apparently little enforcement:(There's also a LOT of competition with many operators spending $10k+/month on marketing.How will you compete with these?

More information, my niche is total rehab.

Getting a reinstatement amount when you are not authorized on the account requires an advanced investing technique.Probate and foreclosure are the most technically advanced properties I've been involved in.

If you want something more passive, look into fractional ownership or funds in niche assets like data centers or storage.

Now that I am confident in my bookkeeping skills, to better market myself, I spent a good deal of time thinking of different niches to specialize in. 

That is not technically part of the City of Indy, but is in the metro.