Would you be able to do coffee? 

If/when that happens, I would be interested in either residential or commercial property, which would be an entirely new learning experience.As for Bigger Pockets, the wealth of knowledge here is damned impressive. 

The only fee I could fathom having a borrower pay for before closing would be an appraisal, but I don't require those.

I'm new to the real Estate world and want to know is $2000 dollars enough to get started making money my credit sucks no credit cards and up to my eyelids in debt came across some money and wanted to invest in real estate want to be an  entrepreneur tired of working on someone else's dream want to work on my dreams  I'm in the Chicago land area and I'm a quick studie can any body help me learn I'm new and don't know nothing please help!!!

Wow, I need more coffee.  

As someone from the Madison area who is just starting to get their "feet wet" in REI, I'd love to buy you a coffee sometime and pick your brain. 

It would not be an easy audit, but as long as you can make the argument and support it with documentation such as emails, correspondence, faxes, etc. you would qualify.

And noone is saying you would be an awful landlord like the above examples -- the point is, prospective tenants don't know that.

Hopefully that won't be an issue for you @Jessica Baez.

You can convert the new investment property into a primary residence in the future, but it has to be an investment property first (for the first 2 years according to one 1031 qualified intermediary I talked to)