Hello everyone ever since I was young I always felt fascinated by real estate and now entering the real world and looking at job application processes, I realized that my true passion is investing in real estate.

Again I know this is such a rudimentary question but the psyche of it all fascinates me. 

Now I have always had an entrepreneurial mind, but I also had a fascination with mathematics and the sciences.

I will be contributing and giving back yet I feel I'm still the wide eyed kid  fascinated by what i'm seeing and reading from you.  

The nature of adjusting returns for risk is more of an art than a science, but this is what makes me hesitant to proceed further with this deal.

I just got done reading the book Rental Property Investing By Brandon Turner, I am FASCINATED With rental properties now. 

I've dabbled in the legal and non-profit fields for some time, but back in school for a computer science degree.

This allowed me to get some hands-on experience, build up my credibility (showed that I can find good deals) and my confidence which, in turn, benefitted me when it came to time to raise private money.I know fund all my deals using a mix of hard money, private money and/or seller financing (seller carryback or sub-2).By the way, prior to learning about REI, I was teaching science labs and working on my doctorate degree at UH (which I happily abandoned), so no REI experience at all. :)Good luck!

This is definitely more of an art than a science.  2-3% is absolutely reasonable depending on the market.

But then again learning this stuff isn't rocket science.