I've only got 2 properties (3 units) and am very much novice, but what I've gleaned from Podcasts, Books, and experience:1) First step is to figure out your goals. 

Biggest thing with land is just seeing if it is as valuable as everyone thinks it is.I would glean so much information talking to real estate department heads for the region for various types of businesses.Typically for a corner pharmacy pays the most, followed by national gas stations, then national banks, dollar stores and restaurants will not typically pay corner money.

Right now my reading list is composed entirely of recommendations gleaned from the BP podcasts.

Hi Robert, so what have you gleaned in the past 2 years on this topic?

I gleaned information from you and @Michael Borger, which indicates that Hawaii is nice market.

Just wanting to say hello and I am excited about the information I have been reading and gleaning from all the resources available.

Finding experienced local investors to glean knowledge from was the key for me really turning from a seminar attendee to an investor.

Harrod, I'll keep asking around and try to see if I can't help glean a satisfactory answer myself.

I gleaned this from the number of rooms per floor and total number of units.In my area, purchasing a property for $50,000 per door is totally unheard of, however this does require a significant rehab.

So to glean this loan:Total Payoff = $816k UPB = $652kInterest = $98kAdvances and Fees = $65kReinstatement = $271kAdvances and Fees = $65kPayments Behind = $206kPrincipal pay down in reinstatement = $107k As Wayne mentions the loan interest is pretty darn low.