Your undergrad degree will be great for you in RE.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

The compressor and heat pump all but quit working and won't heat the unit over 65 degrees (even after doing preventative work on them while it was vacant).

Either way, until you have several homes in work where everything is fully deployed, you’ll want to borrow as little as you can safely, using your own funds to the degree possible.

As you mentioned cap rated are extremely low, the only value to be found I think would be large rehab projects which would require considerable capital and have a larger degree of risk than I'm looking for now.

I miss those 70-80 degree days we'd get in the middle of December!

Hey BP, i hope all of you are staying warm, it's 15 Degrees here in VA and i wanted to share a video I made recently.

What a goof-ball state.And 475.42 states that the penalty for violating the law (say, if you did buy your own property) is 'a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083'.http://www.leg.state.fl.us/Statutes/index.cfm?

Also, you will have really high utility bills, because your guests will leave the heat at 75 degrees with the window open.You will also have to either get a management company or deal with marketing, reservations, contracts, receiving payments from guests, security deposits, housekeepers, maintenance, keys, etc yourself.

She has heat upstairs but the downstairs temperature will only go to 68 degrees.

The plumber who fixed the pipes said that leaving a couple faucets on just the smallest trickle and the heat on to at least 55 degrees would have saved the pipes.