You will also need to study the art of marketing if you plan to get Real Wholesale Deals.

I was taking commercial art courses in those days.

Real estate investing is part "art" and part "science".

This company pads their pockets by living extravagant lifestyles to include fancy homes, vacations,  new state of the art office on your dollar.

First of all thank you everyone for this site, stumbled upon it a few days ago and have learned a lot.My situation is I inherited (unexpectedly) a MHP in Northwest Indiana that is on 20 acres, 10 of which has 50 pads, a state of the art septic system capable of handling over 250 homes, well water, paved streets and a manager who can do almost anything.

Here is alternative food for thought depending on your Exit/Retirement Strategy and Timeline/Age...Please look at the thought behind these links and not necessarily the companies or their pitch...Your CPA is invaluable to you as you work through the dynamics of your position...https://www.kingsbarn.com/landing/1031-exchange-pr...https://newdirectionira.com/education/blog-and-art... http://www.1031crowdfunding.com/?

-----------------------------------------Go back to college, get your degree, and stop being a short-term-horizon idiot.That said, when you go back to college, make sure you take plenty of math, bookkeeeping, and business courses, and make time for the arts.

In the SE this is not the case unless you are very very good at tenant selection, which is more art than recipe.

My wife is finishing up her first semester as the art teacher at Pflugerville Elementary and we're looking at getting into a small multifamily that's maybe a little farther north than we are now (Burnet and 183ish).

Read these articles: http://www.investopedia.com/articles/mortgages-real-estate/10/should-you-use-seller-financing.asphttp://www.nolo.com/legal-encyclopedia/seller-financing-home-sales-30164.htmlhttp://www.realestateproarticles.com/Art/35649/264/Owner-Financing-How-Does-it-Work.html