If you see me there...Tap me on the shoulder, I'll introduce you.Good hunting!!!

I wish I had a head on my shoulders at 18! 

I did it to look over his shoulder and make money.

It sounds like you've got a great head on your shoulders.

When someone tells me that it is a big deal that I will have to wait 90 days I just shrug my shoulders and say that it has never been an issue.

  :)If your interest is buy and hold, read the paper I wrote for a business model linked off the 1st paragraph of my profile;  How to buy a bullet proof rental portfolio.To come closer to answering your question;   Good deals are found face to face with owners;   Go to youtube.com and put in these searches:   "door knocking",   "driving for dollars",  negotiating with sellers.Before you ponder getting a hardmoney loan and buying some deal off a wholesaler you need alot (alot) of education and an experienced fliper to look over your shoulder. 

But it is all upto your agreement with the seller, sometimes buyer can also shoulder the buyer's realtor commission if buyer has put that into consideration in the numbers.#2 5% down, are you getting mortgage from Bank and you will be living in one of the unit in the multi-family?

Down side of not working at the office:No free coffee, no morning doughnuts, no office lunch on Fridays, no 5:00 PM beer in the fridge and can't make free photocopies sitting on the copier.The upside:No task master cat looking over your shoulder all day, no fur-balls on your keyboard, you won't get hit on for favors by other employees and you can keep your own health insurance plan.

Although I have a good head on my shoulders and do not rush in until i do all the appropriate research, possibly investing in something that does not field maximum investment potential is something that is always in the back of my head.

Even though you are new to the business, make sure that you are doing everything with your head straight on your shoulders because you don't want to be accountable for a property when you can't close on it and then everyone treats you poorly and you diminish your rep because of a hiccup and not knowing what you were doing.