Get your head around it and it will be your friend.To purport that BP is feeding all us fat kids the latest Unicorn Latte to our own demise is a rather uninformed, hilarious and way off the mark comment.

I'm looking forward to learning learning learning everything I can in the REI business.

This has allowed us to save up lots of cash, learn all we can in the process and we're closing on our first rental in about four hours!

They got a fat check and just left all the smoke & water damaged items behind.

I recommend sticking to this site and learning  as much as you can in the meantime.

You want to be as thorough as you can especially if it's going to be supplementing income for your father, if your going to buy a small townhouse or condo that needs work you will want to do the same thing as well how much in repairs will it need how much of a down payment do you want to have etc. the numbers are very key in doing any real estate deal so make sure you try to be as accurate as you can in knowing how much it's going to cost in executing your plan Thanks, Michael 

You learn more when you start applying everything and running into situations than you ever can in the books. 

I personally would not invest where there are total loss scenarios (on the building, the land will always be worth something if you can in fact buy the land.

Your living expenses is probably another $1500 conservatively w/ fat ($2500/mo needed total).

Is like having a big fat savings account and you only pay interest when you use the money.