I'd tend to steer people away from the practice rather than coach on how to do it -- there are better business models that are focused on adding value that I'd rather see people embrace.My meetup is really about sitting down and talking nuts and bolts, and, while I am agent, property manager, contractor, etc, I don't host the meeting to sell you anything nor do I charge anything to join, which many other meetups do.

I am unfamiliar with the nuts and bolts of the city and can only get a feel for what i find on MLS.  

Nuts....But then again, neither is Springfield, Missouri (unless you're at Silver Dollar City in June) so Bill has never met a real slumlord either.

Don't think about your first investment ($50,000 VS $5,000) - think about the infrastructure you're setting in place for all future investments ($5,000,000 VS $5,000) you may make in this country if your research proves to be fruitful.

You may have an option to purchase a property, you can have the option to renew a lease or the option to mineral rights, plant trees and retain the fruits grown or to obtain any other lawful use of a property.An Option on real estate must comply with the Statute of Frauds, be a written agreement, it must be signed by the grantor/optionor and it must contain all of the requirements of a contract to be enforceable.The parties to the contract must be named, the legal description of the subject property must be given and the contract must meet the legal requirements fo a valid contract.

For me that's just not good enough so I have recently started placing block after strategic block in a foundation for our new real estate investment firm that I hope will bear greater and longer lasting fruits than our first attempt.Although our credit has recovered for the most part from our personal housing crash, we have been unable to acquire capital for down payments.

Those types would drive most anyone nuts.... and run up the utility bill.Someone with a brand new house and no experience doing this (and understand of the insurance/utility cost implications) I would suggest they not rent out their rooms.

I was going nuts looking for something that is not there.

Then my work schedule got nuts, I didn't have time to study, and the course expired.

Most of those homes are 100 years old and will have plenty of maintenance issue to drive you nuts.