At the end of the day, losing $10k is really not a lot in the grand scheme of real estate investing, and given the seeming high volatility of this market ($275k to $220k, presumably in a matter of months), and the generally high monthly cost of HML, I would get out quickly and think of the loss as the cost of education.At least in my area (Cincinnati, OH) I don't see the market dramatically improving even as we get into the spring buying season, and, honestly, I only see mortgage rates continuing to climb for the foreseeable future, taking more and more buyers out of the market.

@Duke Butterfield no one can really answer whether or not real estate is a good choice for you - except YOU!

hey guys I am new to real estate and I just got my first rental property this past year and have tenants and things are finally stable now.

I have 10 years of experience in retail real estate and a couple of partners who are interested in investing with me.

Here’s a step-by-step approach:Market Research in Real-TimeGo to Airbnb, enter your available dates, and filter for similar properties in your area.

:(If they are unethical, you can file a complaint with the Florida Real Estate Commission: https://www2.myfloridalicense.com/real-estate-commission/complaints/

If you are just looking to network I would go the route of meetups locally (you can check above at the toolbar, hoover over forums then to the right you have events and meetups.If you are looking to wholesale and build a list of buyers that fix and flip for deals you may have then I would pull lists from 3rd party sites like Property Radar or propstream.

I am the Chairman of the Wicosnin Real Estate Investors (formerly WAA) we do the lobbying on behalf of the Wisconsin landlords at the state level. 

Memphis is a great place to get started for real estate investments!

I've been investing in real estate in my area for 8 years, 9 later this season.