It can offer high returns if you have a solid strategy and a solid team behind you. 

. :) I've had plenty of terrible landlords in the past and a couple of good ones.

My wife and I did some renovations to the condo ourselves and were able to sell it for a profit.I'm looking for some guidance and a mentor to get started in real estate investing.  

Positivity is key and a lifestyle.I recommend avoiding and disconnecting with negative people.

I love trucks 2. even with a pickup truck and a goose neck trailer you can cross in to Class A territory, and I found a opportunity to get the training cheap and cover that base so I'm taking it.

:1)Find an investor who would double as a source of money for down payment and a cosigner2)Use an FHA loan (3.5% down if I live in a unit) to buy a quad-plex3)Use the 203k aspect of the loan to improve the quad-plex and force appreciation in the property4)Refinance in a year or two to a regular loan and pull equity out to either pay off my outside investor or use equity for another down payment on another quad-plex5)Repeat With this plan, I believe I will be able to cash flow from day one because I will be able to rent out three units to college students around campus who are willing to pay higher rents than most.

No negotiations can occur until after it is listed,the owner supplies all the required short sale documents, and a purchase agreement with a buyer, that the bank deems legit (POF, etc.) is submitted.  

Plugging numbers form local property managers into maps and spreadsheets, analyzing home costs vs. rental income vs. population growth and a few other factors.

Get the family contact info from your friend and a couple of days after the funeral call to let them know you heard the home may be listed and you are interested.

We've been chatting with insurance brokers and a couple things have come up that I'm not sure about and don't know if they brokers really know either.The property will be owned in the LLC's name.