@Sonit Bhatt As you can see just from the responses you've gotten so far, there are plenty of markets around the country that produce solid returns.

There'd be value in you producing leads that have expressed an interest in selling.If you get any in Atlanta, let me know, I'd take a whack at some to see how they pan out...

My main goal was to use it for my own personal investing, however it is now evolving into becoming a top producer as well...I really want to be involved in Real Estate in all aspects of my work...so ultimately would like to transition into full time...I guess I have found my passion :-)

We owned a sheep & cattle station that was not producing any worthwhile income.

I guess I just need to find out the right direction to take those steps at this point in time.I would love to build a portfolio of cash flowing properties, but at the same time I understand the power of being able to leverage debt and build equity even if the property isn't producing a real strong cash flow at this moment..

You can raise private money to cover all of the cash needs of a deal, so as long as you know how to manage contractors to produce results, and manage a management company over time to keep the property full, there is no reason not to go directly into multi-family.

Same for being a RE agent, you don't reinvent the wheel, you look at what top producers do and you do the same (better).If I were you I'd focus on the agent side of things for 6 months to a year.

All the income I produced during that year plus my normal salary was set aside so I would be comfortable when I finally made the switch.

IncludePurchase priceDown paymentEarnest DepositDue Diligence periodFinancing contingency periodDays to closingOnce you have this non binding agreement signed you can start with a basic commercial purchase and sale agreement that the buyer or seller's broker should be able to produce.

If you buy a rental property with your Solo 401k the income produced by this property will be sheltered from taxes.