That's a VERY smart first step. :)Liz

This is essential because someone is going to offer a note with an unusual situation that you nay not catch and the note seller may not disclose (intentionally or in ignorance).The classic book is Smart Trust Deed Investments by George Coates.

The rehabs they do are solid and smart using vinyl plank flooring for main areas instead of carpet, etc.  

The smart money is exiting or staying steady with these REITs, but not putting good money after it.I would say this may suggest a few things about the broader real-estate market.

Hi Bryan C. and Kevin Coggins ,I grew up in Spring and now live in Magnolia, welcome to BP.Real estate is a great investment vehicle and you guys are smart to start networking.Let me know if you ever need any help.

. :-)I am not experienced enough nor numbers smart enough to figure this out with confidence but I am devising a plan and would be very grateful for input from some of you who are so brilliant at figuring out what I call real estate puzzles.

Make sure you're smart about it, but that's how we got started... we took out personal loans/home equity loans,etc.    

One trick I have used in the past with private sellers is to have a copy of a cashiers check made out to them personally accompany my offer... that stands out... since I pretty much gurantee no one else will do that.. and that is proof positive you have the cash.. now of course smart computer dudes and dudettes I guess could photo shop one.. but it has worked for me in the past.

It is not listed on the MLS but there are enough smart investors around I would think someone would of jumped on this deal.2.

Get rid of them now or you will end up losing a lot of money.You need to leave your emotions at home and make smart business decisions.