That's not to say that education isn't needed to manage and preserve your assets or to increase your earning potential.So, my suggestion is to enter the real estate arena at a more sophisticated level than most do without money, an education or experience. 

I would add that as you run numbers, find rental comps in that neighborhood to see if the rent price you need to charge will be sustainable.Investors always want to preserve their cash as much as possible, but when looking for a long-term buy and hold investment, it's not uncommon to pay a bit more up front on the property purchase as long as the cash flow numbers meet your goal.  

It's not on the national registry but on the local registry and we are controlled by the local historic preservation board. 

Currently the NFI-DP consists of 8 funds that most closely represent core risk investment strategies; they generally target capital preservation, and stable operating income returns using moderate amounts of leverage.

It just seems so convenient that after all of these years their conversations are so well preserved that they can be perfectly dramatized to include long pauses and small chuckles.Some might say that he wants to preserve the identity of his rich dad, which is fine, but where is Mike, the rich dad's real son?

I have completed 8 Preservation Tax Credit deals to date and have applications pending on a 9th and 10th deal.   

Originally posted by :Thanks for sharing and helping me think a few moves in advance.Upon further reflection and to extend the analogy ... not only is it important to think a few moves in advance, but it is also important to understand that different pieces move in different ways and have different value at different times; some are good at offense, some are good for defense, no single piece is good or bad, the more pieces you know how to play and preserve or strategically sacrifice the better, it is seeing and knowing how to play the board that matters, and being humble enough to think in percentages with multiple exits rather than absolutes in one ... sorry if you don't care for semi-vague analogies, but I'd personally rather not try to provide answers but find more value in asking interesting questions and posing semi-vague analogies ... answers give information that has a myopic context and limited shelf life, while interesting questions and analogies (hopefully) spark interesting thoughts and interesting discussion ultimately leading to wisdom that helps you, helps me, and helps the community.

Also, as you progress along in your investment career, growth becomes less important than wealth preservation ... this is when many investors tend to go lighter on the leverage because their portfolio is already large enough and protecting it is more important than growing it.

What is considered "preservation" improvements?

Helps preserve the money you have and leverage other people's money.You can partner up with someone or find a small local bank that asks for a smaller down payment.