Longterm strategy is to buy and hold, and eventually move into commercial properties.If you're in the area I'd love to connect and talk shop! 

So, I'm still really new here and I'm putting in an offer on an REO through a wholesaler.I know there is a right of redemption on foreclosures in Kansas (12 months), but does that apply to an REO, or once the property passes to another buyer (me... or the party that I eventually sell to), does that right of redemption go away?

@Anthony Rosas well eventually i'd like some rental properties but I guess I should work my way there and learn more about the single family homes.

Any interested developers?

I'm debating on whether to do one of the following options, 1) House hack: Potentially buy a 2-4 unit so I can live in one and rent out the other ones.2) House Flip: Find a fixer upper so I can restore and sell.3) Buy an invesment property out of stateMy short/long term goal is to be a real state investor/developer with various rental properties (Mainly for housing), therefore, I'm aware that the first deal must be chosen carefully.What does the BP community recommend? 

I was reading lots of blogs on BP about landlording and rental properties being that I would like to invest in buy and hold properties eventually. 

I am looking to make a career out of real estate as soon as possible as I have developed a passion for it now that I know the results it could help bring me and my family.

One of the best ways to go as described by John Jackson in Tarrant County (Ft.Worth in Texas) who teaches this method for about 15 years and has developed a good sales contract that gets you paid before the product sales and he usually quotes the list price to the owner in a fairly nice area.He usually calls houses For Sale By Owner in decent areas. 

Eventually, I began interested in the what rental properties could do for me.

Basically, after paying agent commissions and other miscellaneous cost (roughly 8%), along with paying of the mortgage balance, I would pocket close to $350k, tax free.Stick to the rental long term with a great cash flow of $750/month and take advantage of the depreciation, while the renters are paying off my rental slowly and eventually have a paid of real estate that can generate great income for me.Investment from me for this rental is roughly $50k.