But despite all the challenges and hindrances put up in the risk-taking entrepreneur's path, the rest of us, we'll keep doing what we do, Lonnie deals and all, in our pursuit of the American dream.

(I hope I am posting this in the right area) It has always been a lifelong dream of mine to own rental property, and I am finally ready to take the plunge!

For your 9 months, I pray your next 9 months allow you to reach whatever dreams or goals you have in this business!

@Ali Boone Hi Ali....Go Go Dancer eh...way to go...If we talk live I'll share one of my life long dreams along those lines ;0) I really like the economics of Austin...the growth factor including jobs and the large companies there creating the draw!

Even just a first hand experience i would very much appreciate.The birth of my son, who I will finally get to meet next month, has inspired me to really pursue a dream with a lot of determination so I can give him the world.Thank you

@Apollos HallWow, what a dream come true to have $800,000 to invest.Personally I would use half of the funds to purchase a run down multifamily complex in a B class area that has quiet a few vacancies.Use some of the remaining funds to rehab the vacant units and once rehab is complete get them tenanted increasing the occupancy to 90%+.Potentially look at selling to or just holding for cash-flow would also be an option.Just my 2 cents heheThanks and all the best.

REI has always been apart of my dreams and goals.

I've read numerous books of his and I can truly say that a lot of the principles those books taught me are why I am where I am today (which is working for myself, living my dream life, etc).

.” ~ Warren BuffettI hope you find someone locally that can show you the ropes and give you CONFIDENCE to pursue your dreams!

Since they are sticking you with seller dream terms of 20% down , LC contract, and higher interest rate I do not find it appealing at all.