You'll need banking connections to be involved in RE. and you'll make RE connections being the banker.

There are actually 2 units, a studio that will be setup like a hotel room (no kitchen, just mini fridge, microwave and coffee maker) and a 1 bedroom with full kitchen.

@Rakis Bailey the Triangle Deal Makers session is tonight if you want to go to it.

I love my job and the people I work with.Since I love what I do, and I’m my own boss already, I don't want to make real estate my job.

Well,assuming they are doing 3 loads a week at the laundrymat they're probably spending 10 bucks a week or more on quarters to use the machines.I would raise the rent 25 to 50 bucks a month for the convenience of having private indoor laundry and not having to schlep themselves to the hot,disgusting laundromat every week again.

Also look out for houses that were built before indoor plumbing.

(A tenant will make sure he has an extra key) If a tenant contacts you after hours to handle an emergency, make it clear in your lease what an emergency is (burst pipe indoors, giant crack in a load bearing wall, tree limb crashes through the bedroom window, etc.).Most of all, keep the relationship professional, friendly but businesslike.

It was kind of a depressing experience to walk through them.The currently owner is in his mid-80's, but told me he is "not distressed" - and he's happy to hold on to these "money makers" as he has for the past 30 years.

Best example for that is the American Dream Meadowlands, there will be an indoor ski-slope, iceskating etc....

I thought this would set me apart in the eyes of a big time decision maker at a firm.