My profile is very basic but it will evolve as I do; then I’ll upgrade to a BP PRO – can’t wait!

If you have evolved and adjusted your business model (no matter what industry) you are probably doing alright.

But history has shown that not all rules are best for society in general, and since conditions change, sometimes rules should change.Chris, I agree, HUD's policies should evolve in response to a changing world.Sorry for giving the impression that I "sound like one who argues you only broke the law if you get caught".

I'd say keep the money since I'm not sure anyone can ever really say they are an expert in this ever changing industry.We're constantly learning and evolving and I intend on lasting in this industry for a long time.

I'm in a very similar situation, starting out with certain investing goals that inevitably change and evolve depending on experience and education.You've definitely motivated me and I hope to offer the reassurance that we all need from time to time.

Iniially, it may or may not translate to lower rates, but it will definitely start the relationship off and will evolve to better terms.In addition, the theme of the above thread, as Eric Michaels said, is important.

I would think the hardest place in the country for a new investor would be in NYC, the place is over run with old land sharks with big bucks and limited opportunities, unless you want to work for one.Last comment, what you think you might do at 28 may not be what you will be doing at 48, we all mature and evolve.

I am currently working in a structural engineering firm in South Boston.I don't have the assets of my own to play with right now (young growing family and all that) so my slowly evolving business plan is to start with flipping to raise short term capital to be able to get into an owner occupied multi-family and then to develop a rental portfolio.To be honest there is a degree of fear that goes into diving into something as big as this and I appreciate all the information that is available right here on BP.

http://bit.ly/XrTuSq The numbers are still evolving in my favor but it is still a great first deal.

I'm sure my goals and plans will evolve as I learn, but that is where my sails are set towards.I'm looking for one or more mentors that would be willing to help educate an eager, open minded rookie.