If I could do it again, I would have read the book on Estimating Rehab costs and gotten someone with a few flips under their belt to come and look through a place with me.

I have three under my belt and just learned about BP.

After you have some investing under your belt at that point you can evaluate whether continuing to build the 401k is the highest and best use for your money.

Commercial deal under your belt.

With a good education and a bit of experience under your belt I would imagine you will find someone to partner with you since you have some cash.

I started on this real estate investing journey last November, after months of learning and trying everything to just get started and get a deal under my belt, I am proud to announce I am almost done with my first rehab project!

I advise you to seek legal advice... wear your seat belt and eat your vegetables".

I figure its better to screw up now with my $50k house than to screw up with a $50M apartment complex.Once I had a couple of deals under my belt, then I sought out professional mentors through our local REIA and word of mouth.  

My long term goal would be to get a a few investment properties under my belt for passive income later in life and maybe use flips to cover the costs of new properties.Living in MA makes it hard.

@PFC Celeste, since it sounds like you have quite a bit of experience under your belt, I suggest you start by posting your questions in the forums and setting up your keyword alerts using the link that @Dmitriy Fomichenko posted.