I guess I never conclusively ended this topic.

After assessing my current financial situation, I've come to the conclusion that I can invest roughly $10k of my own funds in a real estate deal at this time.What I'm having a hard time understanding (and please forgive my noviceness) is which steps to take first.

Being that you said you are 19 and still have 3 years left, I am simply drawing that conclusion.

I thought it over that night and came to the same conclusion.

(Rent o Meter)Conclusion:1. 

The only other conclusion I have come to is that my expenses are out of line, but they are 50% of the gross income so they do satisfy the "50% rule"...

While you are entitled to your opinion, I do ask that you at least ask further questions before drawing conclusions about my knowledge base, ethics, or business practices.  

I'm sure I've seen posts related to this - too many to think of now.Initially, I went through all the metrics to learn the meaning and when to use it in all the evaluations I did.The conclusion I came to was that as long as my end result was a good cash flow, I didn't have to look too hard at one metric or another (given that it's within what I know is a good return for me.

Conclusion: good deal for me. in two properties where there were no multiple bids i got credits from the agents that were less than 3% that they would have given to the buyer's agent, but more than nothing.

Conclusion - I need to get with a CPA.Ya, I would much prefer working on it than being on BP, except for the fact that I live 2 1/2 hours away, it's Thanksgiving eve and for some reason my wife expects me to be around tomorrow.