They will need to get creative to solve the problems faced, a sinking fund won't cut it and it will take decades to revive but I'm sure there are profits to be made for those who can identify the diamond in the rough. :)

I'm new to real estate and am working through my initial education phase.My first goal is to purchase 5 rental properties because I love recurring income and believe that this strategy is best suited for my goals and personality.I'm still a ways off from going through my first deal, but as I prepare, I have a question about financing that I think I need to start addressing now...I freelance for a living and I think that this may make it more difficult for me to get a loan since I don't have a "stable income."

The plan I would say is find a path that allows you to gain that exposure and be prepared to modify your goals as you discover things you didn't know.

If so, I'd like to find a creative financing technique to acquire it.

For ease of commute, I'd probably look at the seacoast area, and stay away from Lawrence unless you're prepared to deal with the tenant base.

I have been trying to absorb as much information as I can from the site to prepare.

Let the snowball work itself and read as much as you can in the meantime, to prepare your mind for a life of abundance, achievement and success.

It is totally our responsibility as parents, to prepare our kids for the real world.

I expect we'll have some things to talk about soon - like creative financing.

It was a great way to creatively finance my first deal.