Planning is great - I never was good at that - words are easy to put down on paper - other people's ideas are fun to experiment with and can make someone new in this business feel good for awhile I guess.Over 40 years ago I can recall as if it were yesterday - I was where many of the new folks on this site are today - I was motivated to make money in real estate - had a giant desire to create a little success (the low pay awful job I had, and a jerk for a boss just wasn't cutting it  - but I had motivation - i discovered quickly that it takes more than motivation to pay the bills.So this one seminar I took the guru said "set a goal, build your team and find a mentor".OK - I set a goal to get rich in real estate - to buy one house a month and to quit my job.

What you're talking about is a short sale.  

Discovering all of this has opened a lot of doors for me.

Can't just look short term, have to look long and evaluate if such action(s) are going to help or hurt you. 

Contractors – A Short PrimerFirst, before I begin, let me reiterate that if you’re a first-time flipper you should not be doing anything more than a cosmetic flip for your first time.

So you'll need a few grand in reserve just in case)Also you'll want to have some savings for an emergency.So in short, depending on your area, you could start with as little as 5-10k depending on the price of your property.

I am also listening to the podcast, and will be networking here shortly at one the REI meetings I have signed up for.

Another concern I have is short term rental regulation (possibly?)

Short contracts with 60/40 split.Any interest, or suggestions?

Hello BP,I've finally decided to post a short intro about myself.