No major set backs it was a little stressful at times but the learning experience was totally worth it.

That's a major consideration for multiple reasons:Do you have a wife or girlfriend?

A majority of the posts on BP revolve around small amounts of cash flow and the precise execution needed to achieve it. 

A lot of historically bad areas like Compton and Watts have really calmed down and are seeing major appreciation (Watts has been crazy for that the last two or three years), and there can be good opportunities.

One area which has seen a major transformation is Patchogue, NY.

If it rents they collect a majority of the airbnb income and if not it is a loss to them.  

Hey Keith McMiller I don’t know the qualifications needed to be an appraisal in your state but if you knew how to appraise you would definitely be ahead of the greater majority of newbie investors.

An exception is if a market has over demand and a short supply for that product type then it can still sustain itself.This is just what I saw in the last down cycle.

Plus, they can work with you to improve your credit and get you a better loan product (lower interest rate, etc.) if they have some time upfront to work with you on this.2) You Don't Need 30% Down For Conventional -- You only need 5% down.

I think the people concerned about being scammed, have either been scammed previously, have trust issues, or just realize that its a dog eat dog world... the majority of people in this world only want to benefit themselves (that's just the truth).