I'm curious to hear anyone's experiences with buying a house designated as a "recreational cabin" and bringing power/water/septic to it.

I wouldn't do any spec building in the "modest home price market", you have too much competition from the production builders like Pulte, KB Homes, etc that have enormous buying power and can sell and make money for less than you can build for...

I think this demonstrates the power of two is greater than its sum, and it also illustrates why trust in partners is essential.

There are some first time buyer loans that can increase your purchasing power, but there may be restrictions on how soon you can rent it out.

You probably have already heard some of these tips but others have found them helpful:Start here:http://www.biggerpockets.com/starthereFind and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead the Beginner’s Guide:http://www.biggerpockets.com/real-estate-investingCheck out the BP Podcast: http://www.biggerpockets.com/renewsblog/category/podcast/Last but not least, don't underestimate the power of participating in the forums!

The compounding power of the added time along with the ability to leverage real estate can create significant wealth.

To me, that's the most powerful position to be in... to either be an investor/agent or be an investor/agent team!

Here is a screen shot of my facebook power editor If you look closely you will see that this ad EXCLUDES realtors, it will show up to men ages 18-25 in 4 zip codes.

I just remember the first time I posted with a question the powers that be felt was uniformed.  

Both matter, but net worth should have more staying power.