Would you use the gift money to pay your debt or would you keep paying the 50 cents per month and use the remainder to create a sustainable income for yourself.

Can this strategy sustain you until you have a solid business plan?

Once the shadow inventory makes its way into the market, I think price increase will slow down (it's not sustainable at this rate) but you will not see price depreciation.

Very interesting.This Forbes article from last week says that because we fell so far, the gains thus we've seen are sustainable, and in fact says we're still undervalued: http://www.forbes.com/sites/morganbrennan/2013/06/13/the-most-overvalued-and-undervalued-housing-markets-in-the-u-s/Take it with a grain of salt, of course.It's certainly interesting to watch, and a very hot market.

That seems low to me and hard to sustain profitability, but I'm a newbie and just getting up to speed.

I've quickly grown tired of my rootless existence and long for the day when cashflow from my my portfolio will at least sustain the portfolio's growth, or at best replace enough of my income so I can trade this job for something less lucrative but more stationary.

You'd do we'll to make a connection in your letter ("here... fishy fishy") and then try different baits (headlines, or problems solved) over multiple, sequential letters.Your most powerful tool will be the ability to connect and resonate with the owner.

The purpose of starting this thread is to hold myself accountable and to get support from the members here at Bigger Pockets because I know how much you guys love to help.I've done hours and hours of research and listened to just about every podcast imaginable (Sean Terry, Todd Toback, Mark Whitten, etc. and the list goes on) the only thing left is to take action and sustain it this time.

There are 10 Hotspots...http://www.inman.com/reports/global-buyers There is an association you need to check out for resources...Asian Real Estate Association of AmericaFounded in 2003, the Asian Real Estate Association of America (AREAA) is a nonprofit professional trade organization dedicated to promoting sustainable homeownership ...areaa.orgWhile here check out 3 different local REI club meetings, connect in advance with the President and vendors listed to get going.Go to a couple of landlord association meetings, look for distressed owners.Remember you are here to build your team, realtors, attorney, inspector, property manager, bird dogs.Follow below to get a better head start on the REIA meetings.Paul

See how many that support your idea to form an HOA now later will not support the idea when they learn the amount of dues required to sustain the monster.