Just one warning, don't get caught up in too many high priced seminars and gurus, as mentioned before check out your local REIA and start networking with the doers.

Thanks JoelI'll try and give you answersCash in the bank.I'm guessing I would like a 10% return after tax.I'm 58 and retired, I would be prepared to be a little involved.Thanks for the warning.

If you like funny Craigslist replies, check out this site:Funny CL Emails****Warning - some profane language****

I am specifically curious about how intense the day-to-day management aspects are (or if you have hired someone to manage this), any issues with internet connectivity based on specific professions (I have been warned off photographers and folks who regularly video-conference), along with any revenue-generating value-adds you have employed and rough profitability vs. any other commercial or residential investment properties you have.

I spent my day yesterday going around checking on many of my properties as we are having a cold snap here in Chicago with Wind Chill warnings for today.

I was warned I'd be pitched a lot at events so I'm prepared.

Trying to drive well may keep you out of trouble, even having to go to court for a fine, you might get a warning for minor infractions.

That is what I warn against.The other side of the coin is that a "mentor" leads by example.

Make sure any warnings given are done by certified mail.

You do have a right to reinstate or redeem a defaulted loan, however the lender could easily call the loan on a new breech, like the notorious due-on-sale clause, and begin a new foreclosure.Had it happen to me once so I just paid off the bank loan, but not after warning them: "...but you'll never do business in this town again!"