My background is similar to yours, I started at Price Waterhouse and learned the real estate syndication business by doing tax work for a giant Wall Street syndicator.

The giant neighborhoods that Beazer, Pulte, Mungo, Crescent, etc. build in are always offering monthly specials. $8500 off upgrades, $5000 off total price, and on and on.

So the tenant of one of my duplexes called me saying there was a giant hole in his kitchen ceiling. 

If I took that giant dream and put it into a smaller perspective of figuring out how to afford 1 car.  

Love the Jacksonville area (even though your Jags beat my Giants this year lol)...took a number of weekend trips there while I was stationed in Pensacola and had a blast. 

Do all your homework with people, and look at their lifestyle-- do they come in with a Mercedes (I've seen this, renting out a $675/mo 2bd apt, potential tenant comes in with a $50K car-- Giant red flag, giant loan payment!)

Unless you have a giant family you’ll have to rent to strangers eventually.It might be hard to tell your family their rent is going up!

Many times the numbers that come out of the plan are a giant red flag, saying "don't do this".

Opportunity lost I guess.So, go for it Andrew, you got lots of time to learn how to invest, control real estate, make money and build an giant real estate cash flow rental portfolio.If you need some help, our family is here for you.Good luck

Originally posted by Dick Green: If you're planning on negotiating with sellers to pick up properties for pennies on the dollar, there's the issue of fiduciary responsibility whereby a licensee can sometimes be considered to have insider information and viewed to have taken advantage of a participant to the transaction.