I want to also add, that before taking the plunge, I would recommend using a company associated with a bank. 

This type of speculative investing is exactly the kind of thing that gets new investors into trouble, because they may get into an emerging market quite by accident, make a bunch of money, get very excited about the method and then plunge forward into more similarly speculative investments without really having the experience to know how to do it safely, if that's even possible.Cash flow based strategies on the other hand provide much lower risk.

I feel I am now ready to take the plunge, so to speak, and I feel there are much fewer holes to be filled knowledge-wise, as there used to be, so I'm feeling more confident about my success the first time out.Eugene is a mid-sized city of about 150,000, so I hope I am able to find some other folks out there that are from the same area.I am primarily interested in rehabbing and wholesaling for the near term, with a long term strategy of buying and holding for appreciation and cash flow once I have enough capital to make these deals more fesaible.I know I'll have lots of questions, but I'd like to thoroughly read through these forums first lest I ask something that has already been answered.In time I hope to give back to help pay for the education I've received.Anyway, just wanted to say hello and a big thank you for making this site possible!

It allowed me to quit my job and plunge full-time into the biz. 

Well I guess you decided to take the plunge!

I believe I am ready to take the plunge into REI with all I have learned from my studying.I currently reside in the SF Bay Area, CA (San Jose to be exact) and thus it will be difficult (near impossible) to find REI properties that cash flow well (10%+ cap/25%+ COCR) in my home territory.

This is why I tool the plunge:* A Tesla continuous updates like a smart phone.

If you could see yourself doing that full time spend a year building up the agent business and then take the plunge.

Sales jumped 52.8 percent in the Northeast to their highest level since October 2007.Sales in the West, which have been volatile in recent months, rose 18.8 percent after plunging 15.2 percent in March.The West has seen a sharp increase in home prices amid tight inventories.

I also own a plunge router (a woodworking tool) that I use for artwork, and because I'm an artist I don't mind painting.I'm interested in purchasing a property very soon, but I'm not sure of typical rehab costs and timelines.