From what I have discovered, many parks with an owner-occupied restriction have owners that own numerous homes within the park that they rent.

Welcome to the BP family; It appears there a lot of members from the Garden State and from your area you should exchange war stories.

Each software program has numerous reports and graphs to show where the money is going.

Buying in 2009 maybe.I mean, there is nothing other than RE that can match without a lot more risk.BTW, some parts of CA, such as the Bay Area, bidding wars are back.

Call the local social security office and ask if that numer is valid for that person.

If I could find properties that rent for $1000 and be all-in at $16.4K - well that's a no-brainer in most cases (war-zones would still be excluded).

That will be job #1.You might be able to get a conventional loan, though you will likely have to check with numerous lenders due to the small loan amount.

I have also seen more fierce bidding wars for bank owned homes compared to last year Now I don't even DREAM of going in at asking price anymore everything is going above asking with multiple offers 100 percent of the time on the very good properties.

I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.I am looking for feedback from anyone that has gone from investing and managing their own properties as an after-work activity to doing it full time.

After interning at a local CPA firm and talking with numerous Big Four professionals, I came to realize that although I did well in accounting and took full advantage of accounting clubs and associations, real estate was my true passion.