Even if you invested years later, there is still PLENTY of meat on the bone for a healthy profit. 

Beyond that, a healthy familiarity with the nuts-and-bolts of all things REI (market research, strategies, deal analysis, property management, etc.) goes a long way in communicating with the team and articulating exactly what you're looking for.

COC is that same here as it is on the moon, but you are correct...the odds of finding healthy returns in your area are slim...there is a lot to learn and its all relative...my good deal is not necessarily your good deal...I think people that invest for cash flow are playing a fools game because I invest for long-term equity.

Here's a healthy discussion of Pace Morby specifically.https://www.biggerpockets.com/forums/79/topics/1001612-pace-morby-mentorship

I have no debt what so ever, a pretty healthy savings and finally the chance to do something I enjoy and Im passionate about. 

No problem.My question/concern is regarding protecting myself against some future claims related to his health.

After that, since where I live is one of the wealthiest counties in the country (and no I do not live in one of the wealthy parts), I think my best bets will be to invest outside of my market with the BRRRR strategy, but I am also open to the idea of investing locally at the right price.Anyway, I just wanted to introduce myself & I hope everyone & their families are staying happy & healthy!

Your 500k budget is pretty healthy, you have enough for downpayment and reno if needed.

I also hope everyone stay safe and healthy throughout these unknown times ahead of us.

Solution:oStop dipping your toe in the water and go ALL IN on one marketing channel (in case you are wondering, Direct Mail is my bread and butter when it comes to finding motivated sellers).oMake one channel Fat, Healthy and Producing Leads first.