I have been a zoning and building administrator for a number of years. 

In addition, there are marketing costs and usually a great deal of administrative work associated with answering emails, taking phone calls, handling rental agreements, etc.However, the best part, is that I can use them when they are vacant.

I would like to learn more about real estate investment and administration, with the ultimate goal of operating my own real estate business with rental properties and relationships to successfully be able to flip properties for solid profits.I understand that this isn't going to be a quick process and that is why I am trying to get started as early as possible.

I'm 20 years old, going to college for Business administration but I'm thinking about changing to Finance for investing purposes.

Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

If I am, let me know (administrator please) and I will shut this down.

Brandon wrote a great book with tons of creative investing ideas:http://get.biggerpockets.com/nomoneydown/It's well worth the money and it will definitely answer your questions about no money down scenarios.Also, check out the blog:http://www.biggerpockets.com/search/wordpress?

(I'm a registered nurse going back to school for health administration) I found this site and started laughing , what no 1400 dollar investment ?

CONTRACT FOR THE SALE & PURCHASE OF REAL ESTATE PARTIES: Owner Of Record Their heir(s), successors, administrators and assigns, as seller who's address is _______________________________________________________________________________ and __________________________________________________________ and/or assigns, their heirs, successors, administrators and assigns, as Buyer, whose mailing address is: _____________________________________________________________________________________WITNESSETH: That Seller, in consideration of the payments, covenants, agreements and conditions herein contained which on the part of the Buyer are to be made, done and performed, has this day sold, upon the conditions hereinafter recited, to the Buyer the real property legally described as: SUBJECT PROPERTY: ______________________________________________________hereinafter the property, LEGAL DESCRIPTION:____________________________________________________________________________________________________________________________________________________________________________SALE PRICE: $EXISTING MORTGAGE(S): Existing financing on subject property will be current in all payments of principal, interest, late charges and escrow amounts required by the mortgagee.

With the looming administration changes regarding taxes, it may be prudent to discuss options with your accountant.