If you disappear on me for 2 months vacation after you pocket $30,000 on your first flip, I'm probably not going to send you a Christmas card.Congratulations for moving to action, you've already surpassed the vast majority of hopeful investors. 

End result was very positive (client expectation surpassed).  

With that amount you could leverage an apartment community that would easily surpass the returns you are looking for.

You can write off an additional $25k against your W2 income, but unfortunately that starts getting phased out when your income surpasses $100k or so.

@Greg S. could you expand a little bit on what you mean by the equity surpassing the mortgage rate.

Did you surpass your goal?

Not going to replace my salary, not by a long shot, but if I keep working and adding to that over time, it will eventually surpass it.

If Texas instituted a state tax and lowered property taxes closer to national averages then Austin, and Dallas would surpass those Cali cities.

For years I have heard you must always be growing your business.If you have sustained income and it can keep up with or surpass inflation, why must you have more?

On BP and other sources, I see that markets around the country have surpassed 2005/2006 prices, but I don't see that in my local small market on the coast.