I'd be putting in a couple of empire propane heaters.

I have setup a website, ordered business cards, registered to the next REIAs in my are (irvine, Inland empire) , read a lot on direct mail and still reading.

You're in luck, you have 5K and I can sell you the Empire State building, it's in great shape, I just don't want to mess with it.

We have used personal properties to great success to help get our "Empire" started.

I have experience in renovations in the inland empire, and the price quoted was not even in the same ballpark.

Fee $9Processing Fee: $420Settlement Agents Fee $200Lenders Title Insurance Premium and Endosements $250Recording Charges: $60Discount from work: $500Net closing costs $1076Option B3.6 rate, but with 1.25% in pointsOrigination fee                  $475.00Appraisal                             $450.00 or 600 depending on the property.  450 if normal built house inland or 600 if unusual property or on the waterCredit Rpt                            $21.00Tax Service Fee                 $56.00Flood Determination      $10.50Est.

You could build an empire with that kind of start.Good Luck,NavyDoc

Yeah, we are in the process of adding a new LLC to the "empire".

You might find that if you go inland, maybe even as far as the inland empire, you can find something local enough that you could drive to it in an afternoon if you really wanted/needed to or stop by on the way on a trip to Palm Springs in the winter or whatever..

So needless to say I would like to get into Buy-and-Hold REI and build a self-sustaining empire to give me the time freedom that I need.