Not sure if you've already found your 2nd roommate, but once you get your lease prepared for the new guy, I would suggest you also go ahead and have your friend sign one too.

We did get a 5th, however, they required 25% down (some say it's now 30% down 6-10 from what I've read here), higher credit score, higher reserves (6 months on all properties, I believe), and be prepared to jump through many hoops documentation-wise.

When you blanket a neighborhood with mailers, be prepared to get a ton of phone calls of people wanting 250k for a 200k house.

Going on vacation may be fun, but getting through airport sure isn't.In Ignore Everybody and 39 other keys to creativity 2009 hardback the author talks about "sex and money".

What if a worker fell off the roof last week and is preparing a suit against the land trust?

It was my textbook as I prepared and executed the flip.

If you are creative in real estate, anything is possible.

Definitely check it out.BTW - Here are some of my favorite quotes about planning from some pretty smart folks:“By failing to prepare, you are preparing to fail.” - Benjamin Franklin“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” - Abraham LincolnWhatever you decide, we're here to help you get the ball moving.

Creative gets deals done.......Yes is can and has been done.

If you seek immediate success without full consideration of all the possibilities, as Bill stated, you can get hammered.I very much agree with Bill that it is very wise to seek knowledge and experience beyond books and other forms of media.I also agree with Bill that you should be fully prepared before making a commitment.