Based on this goal, I was trying to understand the 2% rule.Thanks for the excellent tips.

As for screening, both had excellent credit and stable job history.

While they make a great product to sell as a canned beginner scheme, they really aren't a beginner strategy while being ethical, compliant and get to a successful closing. :)

Make sure you check out the blogs and podcasts in addition to the forums, some excellent info in each of those area.

Everyone is going to find this crazy, but my experience has been excellent using this screening method.I never have a potential tenant or borrower fill out an application.

I appreciate all the valuable time spent in providing excellent information here - an incredible resource for those of us new on the job.My focus is to educate myself some more, and define my specific investment goals before moving forward.

Welcome to BP; this is an excellent arena to gain any type information you seek.

I would also look up some of the excellent posts here on BP regarding finding a mentor.

It creates html for you that looks excellent.

:D).I plan on attending law school (not sure yet of specialization, but I will be pursuing something in financials: tax, capital markets, investment banking, REITs, etc) beginning 2014, and consequently, have a "gap year" to build experience (any productive kind) and possibly earn some modest cash to put towards (near)-future investments.