If I am going to an upper end home, I may step it up a notch.

I went immediately and checked it out. 3 bed 2 bath fixer upper, good neighborhood.

Well, truth be told.....my "mentor" had no idea about real estate...except for the basics, and when I thought was finally at the "level" to be able to get paid(what they call, being certified)...I never saw a dime.

I went by to look at it and its a definite fixer upper. 2/1 replaced roof but has interior ceiling damage.

They aren't getting too much money out of seasoned old investors with rhino hide and big sharp teeth.They aren't nice con men, but they do exist, and because they do exist, people need to take personal responsibility for their own money.It takes very little research to learn how to manage money at a very basic level.

The gov said that he's going to come down hard on companies if they don't help out but I think it's going to come down on a more national level.

I will be glad when I get to that level with the lenders.

I work as a network administrator for a global engineering firm, with entry level pay.

I know of an investor who did both but turned over the contract to another realtor to handle while they did the wholesale part of the deal.I would imagine that you could hold such a person to a higher level in regards to comps.

Andy Andy1 - At the $1600 monthly rent level, you do not need the 2% rule in order to get real positive cash flow.