hi there,i'm wanting to get into more of a long game scenario w buy&holds, but keep hearing that wholesales, flips, etc. are a great way to generate some quick (or quicker) profit that can then be used to help to fund the b&h strategy. i don't know the beginnings, however, of what to look for/watch out for in relation to that sort of strategy. this was just sent to me by zillow because it's in the area i've been looking: http://www.zillow.com/homes/for_sale/fsba,fsbo,for...it's a super solid area with incredibly high demand. this could end up being a buy & hold, actually, since it fits a lot of the things we've been looking for and is in the area we'd prefer no less.i guess my question is simply this: how do i best assess this in terms of it being an REO?

It was my stove so no one to call but the repair man (who owed me a favor, so he fit me in and he had the replacement part on his truck).  

I need 4 things: 1) to get started 2) build credibility with lenders 3) gain know-how 4) scout a "team" that can handle commericialFor now, should I partner on a deal that fits my target specs?

You will get a "cut and paste" response back that does not fit your question.

Most of them only own what they can carry or were able to fit into a car.  

Find a lender that is a great fit for your business and you will be very happy.

New roof (2014) with an additional 2400 square feet of development rights, and a 48 foot deep rear yard, there is plenty of room to enlarge this house and customize it to fit your tastes and needs Current Configuration: 1st Floor and 2nd Floor: Duplex containing 3-4 bedrooms, 2 baths, kitchen and backyard with brand new fence. 3rd Floor: 1 bedroom, 1 bath, living room, kitchen. 4th Floor: 2 bedrooms, 1 bath, kitchen.

From what I've been reading, one city which fits these criteria is Milwaukee.  

You will also experience low-turnover, maximizing your returns.1-3 are critically important as the answers will have a tremendous impact on the quality of your life as an investor over the long-term.Back to your question...If you have a provide a good product for your customer, your turnover will be low.If you provide a bad product for your customer, your turnover will be high (ex. providing having a single yuppie tenant move into your SFR property in the burbs...likely not a good fit as they will move out in a year to live in the city/more urban environment)

These fit the tiny house size and cost model but can be trailered out at reasonable cost if you need to relocate them.