Even though the paper loss hurt, I continued to buy during the downturn and have been rewarded quite nicely. 

Continue to save the same amount (may take 1-2 years) and repeat. 2.

Properties will continue to appreciate, but just not as fast/much.

It's always a goal to get to the next step and into escrow and under contract but you should always have some contingency in place that allows you to back out of a deal if needed when you continue ypur due dilligence.Hope this helps!

We were looking at it more for the flexibility of looking at a lot of properties frequently, MLS access and being able to continuously put in offers without exhausting an agent who has other clients to focus on as well.  

And most of all, continue to educate yourself, and that will help you see where you need to go and what you need to focus your research on.

I came across real estate after continuously seeing a real estate business in my local Houston neighborhood purchasing old, dingy homes and flipping them into something beautiful. 

Apply (or try to apply) for jobs at commercial real estate companies (while you continue to go to school).   

We originally signed a 2 year lease and when that was up, the owners let us continue at the same rate on a month-to-month basis.

Hi, I inherited a 1 family home, where I had been living for more than 10 years, I did not pay rent prior to inheriting, continued to live in after inheriting, no interruption.Got the deed 1.5 years ago after probate procedures , but inherited it 3years ago as a matter of state law the title of the property passes on to the heir upon the descendent’s death.For the last two years it has been owner occupied rental 50% of the property several rooms, it is a small mansion.