My ultimate goal is to develop massive condominiums or apartment complexes for profit and investment purposes.

Im a newbie and I've just launched my site here in NY.

I still feel as though I don't know much, and would like some help.I am a high school teacher and baseball coach, so come this summer I am looking to really dig in and launch my Real Estate Investing business.

Put in the effort, build relationships, prove your value, and improve your odds of finding someone to help launch you on your path.

Well, my REI didn't actually launch.

I have no experience in real estate, but I do have a drive and desire to learn and launch my career.

@Sarah Jones, you could ask the tenant whether they want you to have your bank launch a criminal investigation.Their response will be telling.

Highlights: Single-family home sales were basically unchanged with a total of 7,696 units sold;On a year-to-date basis, single-family home sales are up 2.7 percent;Total property sales fell 0.9 percent to 9,139 units;Total dollar volume declined 1.7 percent to $2.6 billion;At $230,538, the single-family home median price rose 2.5 percent to a record high;The single-family home average price declined 0.8 percent to the second highest level of all time, $300,178 (the highest was $302,599 in June 2015);Single-family homes months of inventory climbed to a 3.7-months supply versus 3.2 months a year earlier;Townhome/condominium sales fell 5.8 percent with the average price down 2.4 percent to $197,937 and the median price up 2.1 percent to $164,450;Leases of single-family homes were up 4.8 percent with rents up slightly to $1,883;Leases of townhomes/condominiums soared 12.9 percent with rents down 5.6 percent to $1,658.http://www.har.com/content/newsroom

This is one (among many) reasons we entered this market when we launched our business venture.

My bet is that if you needed to get out of this condominium or decided that renting it was not economically viable you would be stuck with it for an extended period and/or you may have to sell at a potentially large loss.