@Natasha Wade Ok I did not comprehend the OP was talking about just being able to Look at the home.That falls on the RE broker to Vette his client... and newbie agents can really waste time with tire kickers and those that talk a great game but have no funds to back them up.its part of the maturation process of an agent.

I'm game to try anything.  

I am about 30 episodes into the Podcasts and the information and insight I have gained from them has fueled my new passion and shown me a game plan for success!

In that case, the cheaper that you're into the game (per unit), the higher the profits. 

Also I am kind of confused on if there is a difference between a simple real estate license or real estate broker's license.In advance thanks!!

And of course you should start building your credit.If you really like Real Estate, why not take some time and get a license, that may be the quickest way to get into the game. 

But the redevelopment numbers don't work as well.Anyway, I think a yellow letter that says they could move into a brand new home like the one down the street for just an additional $xxxx/month.I'm getting the feeling I should build asymmetric duplexes, with one side smaller and simpler.  

Then they plow the highly taxable business income into owning real estate assets which are separate of course from their sales company.So the money keeps flowing in and they locate awesome deals to partner on or hold the cash for when they find the right deal themselves.RESIDUALS is the name of the game.

I know that real estate is a game of opportunity, and the profit is made in the acquisition.

Most come through the door want to buy something for $50k and sell it for $100k and oh yeah they dont want to have to co any repairs and they want to finance it with 5% down or worse yet no money down seller financing because they read a book they bought off of late night tv.I wandered a bit there. short sales take longer than bank owned property and the negotiation is more convoluted. you can literally work on a short sale for 2 months only to have the bank foreclose anyhow. there really isnt much benefit to the seller consequently its hard to keep their head in the game when the going gets tough.