My final advice would be to read some books on the subject of being a landlord and real estate investing.

He listed is 5 asset classes that he is currently involved in for this preparation: - Multi-family housing (apartments)- storage units- oil & gas- short terms loans/under a Year- gold & silverNow my question is, When EXACTLY is the right time to begin this preparation, when your finally pretty much done with investing?

Put all that on paper, then decide what education you need to get there.One final thing, my mentor offered a great package deal with tons of stuff and frankly I wasn't ready to take advantage of it in the time period of the initial package (6 months).

Now I am older than you so I'm currently financing on 5 year terms-- everything I buy must be able to pay off all acquisition and rehab in 5 years or I take a pass.

However you must remember that both of these are "Rules of Thumb" They are great for per-screening a deal but you should use actual numbers as much as you can for a final analysis of a deal.

Finally I agreed that I would have a name and phone number and address so if IRS got involved we could track people and have more reliability as to accountability in the contract projects.

Finally, we closed on a condo in St Paul, last week.

Well, we finally disagree Steven Hamilton II, but only slightly.

Finally decided to introduce myself.

When I finally really escaped, after making the mistake of going back there after the military, I had a few tag sales and sold every non-essential I owned.