Thank you everyone for your responses. It's good to see all the viewpoints, suggestions, and seeing suggested resources that can help get things going. My daughter and I actually looked at some real estate today; a short sale and a foreclosure today. I've been looking at some other properties, and I'm learning about asking the right questions, dealing with the numbers, and understanding what has to be done to a property to actually make it a deal. So far, I've seen some deals that are just risky and then those that involve intelligent risk. I've also seen the difference between what I'll call a "blower upper" and an actual deal where repairs (cosmetic) make sense. I'm not out to do brain surgery on a property like electrical work, plumbing or putting on a roof. But cosmetic is good for me. Again, thanks for making me feel welcome and for your sage advice!
