It is definitely a challenge to make money in a C/D neighborhood.

I live in the Los Angeles area and I am in the process of gathering my investment team before I pursue my very first acquisition later this year.Some key players in any team, from what I gather, include a local broker (who works strictly on commission), an accountant, and an attorney.

If we're talking about my kind of properties, aging C/D-class single-family properties in not-so-nice neighborhoods, I don't think it's a good idea at all.

It's literally like a kid playing T-ball being compared to a major league player.

I worry that small investors that a small investor might get busted for selling a house on seller finance terms, Contract for Deed/CD or Land Contract.

Quote from @Suzanne Player: Hi ChrisIf you're right out of college, perhaps you are ok with living at home for awhile & buying an investment property before you move out?  

In this market with tons of seasoned players around, how do a starter gets his/her first deal?

And for Paul, it's more like an amazing piggy-bank, or a killer CD, because he doesn't need the active income.

I worked in the private equity industry and I know Grant Cardone isn't at the level most of those players are at and I'm sure he wishes he were.

Also, you will make good connections in the trades and know some of the big players in the area who are doing the projects which could be huge.