So basically, I just need to offer the figure that will give me an adequate amount of cash flow and not worry about how far below market value it is.With my first post...am I missing any obvious expenses that I should be considering?

that understands the nature of your relationship and is readily available.

Not always, but it is a natural progression.

(Natural search ranking.)

I have read hundreds of books and forums until I think I could almost write a book myself :lol: .It is natural to think that a mentor could give you the short cut you need to make it all happen, to guide you through and show you the way.

Will an umbrella policy adequately cover me if not?

I've got a question for those of you who have been doing this for awhile: is it natural to feel a little nervous and downright scared when you start out?

Repair roads and maintain adequate street lighting.

Wells Fargo just informed me that I need to have a commercial loan to do this and that they would call for full payment if they found out I moved it.Clearly, this is my mistake for not adequately researching this and ensuring my bases were covered.

It really is a breath of fresh air to see someone willing to invest adequate time in real estate learning to determine what areas in which you're most interested.Since your local market isn't as friendly as you might like, you're learning what you can about areas that make sense from a profitability standpoint.An idea you touched on briefly is a sensible one -- areas near college campuses.