At your leisure, there are books on the BP site all about real estate investing well worth the read.  

i do admire the added funding resources aside from savings & conventional loans like hard/private money loans  -and the fastrack way to in fact generate profits from nothing, via  dishing out 'wholesale' contingency offers then upselling the crap out of the property - but like many has to be pointed out to newbies to BP, even with those a downpayment is required to invest. all in all, i'm appauled at the widespread connotation - often spun by mainstream media (ie, tv, internet) and the material they pump out, infomercials and all - that somehow people will 'discover' how they can make big money from no money. when in reality the underlying problem to me it seems to be the western norm to be making a decent salary (heck, even teens working at mcDs or whatever) and all but just be spending it day and day out but at the same time expecting somehow to get rich one day- without incrementally investing in a wealthier future any.how could adults these days chronically have no money, chronically have no creditworthiness, and *then* decide they want to start INVESTING?! 

It is fairly likely that a contract cell phone by itself will not report, and your home tv/Internet is a coin toss.I used to be with you in saying "screw them", but after seeing the flexibility and options that good credit brings, I now believe it's best to play the game.Best of luck to you regardless of what path you take. :)

I have read all of these and would recommend cutting your life style to nothing at all (it won’t matter that you don’t have a TV because you will be working too much to use it) and working and side work you can cutting lawns, construction, being an errand boy for a local investor.

The flip side of doing this is that I think this starts getting into a possible grey area of criminal fraud but I'm not a lawyer and don't even play one on TV so what do I know.

Once you get a section 8 tenant you just sit back, watch tv and eat Doritos.Frank

I suggest you bring the issue to light by contacting one (or more) of the following:Real Estate attorney that specializes in HOA law (to potentially sue the HOA)Local newspaper investigative reporterLocal TV news investigatorsOffice of the Ombudsman for Common- Interest CommunitiesCommission for Common-Interest CommunitiesI particularly like the locals news investigators because they would handle all of the work, benefit from it, and help bring it to public attention, thus helping others and the community as a whole.

I love real estate and like the idea of being a full time real estate investor. .....like watching the fix and flip HGTV shows, but of course it is TV so I am sure it doesn't show the whole story.  

I am not a TV watcher unless it's HGTV and I'm staying in a hotel somewhere.

After a couple years of that, I plan to hang up the badge and gun and enjoy working at my leisure.