The city of Cape Coral is phasing out all wells. 

Prices are up by 100% in the last few years for homes, (indicating the expansionary phase by his theory), and yet apartment rents have gone nowhere, and there are still empty apartments everywhere.

I am in the research phase of becoming a REI and want to learn as much as I can.

During the demolition phase he asks you if you know where to pick up any dynamite.

we're also going to join local rei club (cost $450)if we get positive feedback and some numbers for potential buyers and optimal home pricing - i'm thinking by 12/20 - we'll run our first ad for sellers, pricing homes in a range that we get during phase I (buyers information).why am i writing all this down?

I bought the house in the first phase and hopefully I can make my money at the end of the phase 3.

This is one of the pitfalls of purchasing from a builder in a newly constructed community...They don't care about maintaining property values in the community (because they usually don't live in the communities they build); they care about getting property of the books so they can refund another construction phase.

Then, they even tried to sell you a trip to Florida to watch the Richdad hall of fame be inducted.

Now if I wanted to try for this building (apt buildings are supposed to be a later phase of this plan), I would write to her offering to assume the loan if she would carry a second.

I plan on using the money I save from my day job to get started in REI and switch to doing that full time in several years.As a RE Investor, I would have to say that I am at the end of the 'build up base knowledge' phase and am ready to move on to the 'first purchase' phase.