Petersburg Beach, Florida, and Universal Studios in Orlando.  

So, why would it make sense to buy units with more than 1 bedroom in this type of area since studios and 1 bedrooms typically turn much faster than bigger units?

In NYC, where studios can be upwards of $1.2, I wonder the same thing -- but sometimes i see the salaries and some starting doctors are over $500,000 base + 150,000 bonus.... bankers -- front end + traders are at this... all at age 29.... real estate sales people, depending on the deals you do and who you know can make $500,000 on a few deals...

It had a basement master (basically a giant living area with fireplace and two closets with a bathroom that could make a great makeshift studio) and then a master bedroom upstairs, with another bedroom that had a hall bathroom right next to it.  

I am happy renting for now :)I am completely new to real estate, and have never invested in real estate (or REIT) myself.I am looking to use Bigger Pockets to enhance my knowledge and even invest once I have acquired some knowledge.My short term goal (1-1.5 yrs from now) is to start by buying a studio/1-bedroom apartment in either San diego or Atlanta.By buying, I am talking about taking a traditional mortgage by doing 20% down and taking a home loan on that.

I made a list of questions for each item that needed to be rehabbed and planned on asking the contractor if I could record the audio of the  walk through.

@Trey KnightCheck out the 4 Hour Work Week by Tim Ferriss....maybe audio version in your case lol.It has a ton of strategies.

@Larmon Cummings Jr @Tim Lindstrom @Mike McFadden @Joseph Kraft I've made a few of the voicemails I've received available for you to listen to in this post: http://www.biggerpockets.com/forums/93/topics/166758-audio-voicemail-examples-from-real-wholesale-leadsSo far, I've got about 3-4 warm leads.

I am about to take a 9 hour road trip and would like to further my education by listening to an audio book.

I remember listening to the audio cassettes and looking at the chart that was provided in the course and then asking Dan “How does the seller get paid on a second mortgage”?