He devotes a whole chapter to getting started as a REI through owner-occupant lending and investing.If you have the stomach for it, you can invest in a property that's a duplex or a house that needs rehabbing and is at least 10% under market value.

Study up on low income investing (there are a lot of forums, a few podcasts, I have a weekly personal BP blog), see if you can stomach it.  

The amount of risk you take on holding property in Tx makes me sick to my stomach.  

I think he was just in a bad spot financially and couldn't stomach the major expense.

If you want to make your blood boil and your stomach churn, have a read through this article:   https://www.cbc.ca/news/canada...  

And yes, you must have a high appetite for risk to stomach the ups and downs when investing in emerging foreign markets.

The broker shared inspections done by a potential buyer who walked away due to their lack of stomach for the deferred maintenance. 

You'll soon know if you have the stomach for the rental side of REI.

Alex, my personal advice is that there's no better way to learn the market than fix and flip...assuming you can stomach the roller coaster and risk.

Personally, I could stomach paying asking price for the property if Freddie was to credit say ~2000 for closing costs, but that would not be the ideal situation.Again any help is appreciated!