the unrelated debi  tissue.

The positive side is that I get discounts on materials and some at a deep discount, but the negative side is that my yearly salary is on 25k..

I have bought timber ground in those areas and it took years to resell... just stick to your tried and true methods of buying deep discount.. check DOM for the area and don't over pay.

lol I really don't believe we will have a deep correction.

You could otherwise use that money to invest in additional properties which will contribute further to your returns and the tenants will pay for your debt service.Both are okay and you will make money, but if you goal is to grow your investment portfolio, hold long term, and realize property appreciation then debt service is probably needed unless you have deep pockets.

But quite honestly, biggerpockets forum gives me hope in humanity... amazing ppl that are willing to help each other to make money and become financially secure. that is pretty awesome.  .. sorry if tats too deep :) haha   Perhaps once I get situated with where I will be living, we can get together and talk investment, if your still up for it :)@John Kent - how do i get in touch with the investment groups you mentioned?

I am already neck deep in the podcasts and the free book provided.

But I am hopeful that you will reconsider the purchase price and really dig deep on the true costs of operation.  

He's been working with investors and understands that many of us want to "go wide" before we "go deep" by paying those loans off.  

Footings would be 5ft deep or so.