That would allow me to get into cash producing property with next to nothing out of pocket, and I can keep my cash for other things.

There are a few that are still appreciating and paying near market will produce good results.And the people in the home are not just renters, they are honestly trying to get it together to purchase the property.

I bought my first income producing property in October of 2005.

We operate only in our market area of CT with income producing multifamilies.

We operate only in our market area of CT with income producing multifamilies.

If so, then you can consider the following: Charitable Remainder Trusts - these allow you to contribute your property into the Charitable Trust, get an immediate tax deduction for the contribution of an appreciated asset to a Charitable Trust, avoid the capital gain and depreciation recapture because the Charitable Trust sells the real estate and not you, live on some of the cash flow because the sale proceeds are reinvested in assets that produce more cash flow, and more.

I am required to research a topic area and produce a dissertation.

I personally think a combination of a quick income producing strategy and a steady income strategy are the best bet to develop wealth in real estate

My real estate agent hired an inspector who did the inspection and produced the letters.

If the property can still produce free cash-flow, or at lease carry itself, under your rainy day scenario, then you know the price to offer.