Many years ago, stock brokerage had fat commissions.   

Save the money for a year or two and start looking for a "fat pitch."

As I'm building capital, I desire to learn everything I can in the meantime through education and learning from others.I live in Palisades Park, NJ (less than 10 minutes from Manhattan).

Not sure if I should still invest in a multifamily  by Troy Upstate Ny, because it is not a Landlord Friendly State and protects bad tenants  from being evicted right away in 2-3 months like you can in PA or CT..My Fears & Concerns Are:I get bad tenant who knows how to play the system to delay the eviction process, may even purposely breaks things in apartment and state not paying rent till all things are repaired and then does not open door when someone comes to repair the problem all a scheme to to delay the eviction process up to 2 years in some cases as I have heard of horror stories.Question:1) Should I buy multifamily  elsewhere like PA or CT which have laws in place to evict BAD tenants fast within 3 months2) Should I still consider investing in upstate NY if I find a good deal despite the laws that protect bad tenants, if so WHY ?

My concern is that real estate makes a big fat target for increased taxes in the future.A raise in capital gains taxes will hurt the 'appreciation' folks.

I also have a nice fat $80K HELOC that I use to help fund investment purchases as needed just by going and asking for a check then paying a modest 2.25% interest only payment while the money is out (nothing when it isn't).

I plan on continuing following the Podcast, reading books and participate in as many post as I can in order to start actively looking for my first buy & hold SFH property at the end of the first quarter of 2017.

Most people that do any level of private lending feel as though they can manage and evaluate the risks better than they can in traditional investments so I would think it has little to no impact.

If I further put canines & felines, that's hard to argue but I'm no lawyer.Because pet deposits aren't allowed for ESA, comfort and service animals, I have taken to raising deposit requirements on all my units.

Am I being fed a big fat bologna sandwich or is it actually possible that they don’t keep those records?