I have my 1st investors forum coming up this week, I've participated in a BP webinar, listened to a BP Podcast, and I'm reading Rich Dad Poor Dad.  

He also turned me on to "Rich Dad, Poor Dad" by Robert Kiyosaki and that book really opened my eyes. 

If you haven't read "Rich Dad/Poor Dad", that would be a goodread for you.

Grocery stores are particularly rich targets.Thanks for all the comments.

Not looking to get rich quick- just looking to avoid as many mistakes as possible:) Thanks to everyone on here who takes the time to share their valuable knowledge!

And THAT, is with poor market condition such as 50% of rent going in expenses which could easily be only 30-40%, 5% interest rate which is almost twice as high as what you can get nowdays and appreciation of 1% which could be 2%-5% in some markets.You see, and that is my opinion (I'm only a business student with not much experience in Real Estate but a lot of theorycrafting), buying a rental property might be a smarter and ''get rich quicker'' choice here.From a financial analysis point, you get more money per dollar invested by buying it yourself instead of loaning your money.

We don’t currently have access to great sources of private capital (the rich aunt that can loan us $100k for our first deal is not in the picture), but we do have good credit. 

It's the ABSENTEE OWNED INHERITED HOUSES that you want to target.Absentee Owners are a better, more target rich list than Probates, because absentees also includes "tired landlords" - one of our other favorite targets.  

We could start with some of the most recommended books from the podcast, like Rich Dad Poor Dad or 4-Hour Work Week.What do you all think?

There is no get rich quick in RE.