I bet you would find your life way less stressful and give you a chance to catch your breath. 

Im currently in Northern Minnesota( Duluth area), and am looking to invest in Dakota county as well.Looking for that right person(s) to jv with as this would be a remote/ monthly trip for me.Ive done over 100 deals , and had about every type of transaction, that i can think of, across my desk.Im a Ron Legrand, original student and have been with jack miller, jimmy napier, and alot of the earily (pre GURUs) guys who have formed this "creative" real estate passion we all live and breath in.Currently a Dan kennedy , GKIC marketing member, and part of a couple mastermind groups.I am kinda obsessed with real estate, especially the marketing end, and mailing lists, now for quite some time and have seen in good time, and bad a cap up here with these properties at $25-$45K tops!

@Ali Boone@Chris Clothier@Marco Santarelli I think this is the first time I've literally become out of breath reading a forum post.

I take photographs, I breath the air, I see the sights, I meet the neighbors, I explore the nearby stores, I talk with people in the grocery store checkout line, I ask parents how they feel about the neighborhood, I find out where the majority of the neighbors work...

if your not sure that is OK take your time and learn what you can and see what sticks out for you and arm yourself with knowledge but be careful that you do not fall into the hole of paralysis / analysis. or research yourself into confusion,  if you do just take a breath and remember, even the pros were clueless once to. do not be afraid to jump into a deal and make an offer if the numbers look good, due diligence and then pick up the phone.but best of luck in your REI adventures,Jay,

They have auditors breathing down their necks and must show they received the most layers of security on a loan and underwrote it properly.

Talk about eat, sleeping and breathing Real Estate!

Don't hold your breath.

Im currently in Northern Minnesota, and am looking to invest in Dakota county as well.Looking for that right person(s) to jv with as this would be a remote/ monthly trip for me.Ive done over 100 deals , and had about every type of transaction, that i can think of, across my desk.Im a Ron Legrand, original student and have been with jack miller, jimmy napier, and alot of the earily (pre GURUs) guys who have formed this "creative" real estate passion we all live and breath in.Currently a Dan kennedy , GKIC marketing member, and part of a couple mastermind groups.I am kinda obsessed with real estate, especially the marketing end, and mailing lists, now for quite some time and have seen in good time, and bad a cap up here with these properties at $25-$45K tops!

I think that @Ben Leybovich has some interesting articles on that subject (we have some interesting debates) and we (I work at BiggerPockets) have a book for sale that offers some advice on Buying Real Estate with No and Low Money Down.Basically, you are going to have an uphill battle at the outset here, given the home purchase, the car loan, and the nontraditional income stream that comes with the territory of being an agent.That said, you also have the opportunity to live and breathe real estate in your community, and there will likely be some awesome long-term advantages to that as you pursue investing down the line.