5 year time horizon to be FF wouldn't suck to me.3.

You coming in with a low ball offer might be a tough "sale" because of the multiple reductions already.I'd attempt to feel out how firm the seller is on price by asking how much interest there has been and if another price drop was on the horizon.

And getting licensed will cost you $1,500 - $2,000 all in, between the education, the exam, registration with DORA, and getting set up with MLS access.3) In my opinion, the lowest risk way to invest in real estate is to buy completely paid off properties with a "forever" time horizon and enjoy the cash flow.

As with all things, RE is cyclical, and ultimately rewards those with longer time horizons, and strong due diligence.

I look forward to expanding my horizons and picking the brains of all you great investors on BiggerPockets.

Each step you take reveals a new horizon.

He did a wonderful job helping my in-laws find and negotiate their last home purchase as well.I can't post contact info, but he's w/ Horizon Realty Austin, or PM me for it.

Buy and holds is more passive with much longer time horizons.

Sara Little - welcome to BP and to expand your investing horizons!!

Additionally, some areas have a specific area plan (Horizons West comes to mind) that have a number of obligations placed on the existing land that are enforced when the zoning is changed or development begins, namely infrastructure improvement.