BP family,I am currently looking at a foreclosure located in a good area of a small town near several schools and businesses.

HI Mohan,If your new job is in the same industry that you've worked consistently in the past two years or you just left school and are going into a full time salary job you can use schooling as employment history then you can use the stable aspects of this income going into this qualification.

I went to college directly out of high school with few ideas on what I wanted to do with my education!

I have some experience as I rented all through college and later during grad school.

My start in real estate investing came when I began working for a real estate investor providing rehabilitation work while going to school.

After school I plan on moving to Texas after I graduate!

One in Calera, Alabaster area where houses are newer, schools better and more chances of appreciations.

. - I originally went to the Fonville Morisey RE School in Durham (SouthPoint) for pre-licensing; and I completed my post-licensing at the Go School in Cary.

Even Donald Trump, with a starting grubstake of $58,000,000.00 and a billionaire father consignor ( of loans "only" up to $100,000,000.00), and working in his father's real estate business since the age of eleven (collecting the coins from the laundry rooms in his fathers apartment houses, where I first met him), saw the need for a quality education and attended and graduated from the University of Pennsylvania Wharton School of Business with a Bachelor of Business degree with a major in Real Estate.So the point is that education and experience are the necessary ingredients for a successful career in real estate investing.  

His house is very close to downtown, less that a 10 minute walk to the train station (where people commute to Manhattan in ~35 minutes) and the schools are some of the best in NJ.