A friend is looking for ideas for next deal, here is a financial snapshot - hopefully some of you w experience can give ideas of what you would do in this case.

I fear the financial stress will be great without having anymore additional income than my 8-5 job.

(IE, financial freedom is when my investments pay $5000/month in cash flow.)

When you see places that are falling apart, how do you know whether it's the good sort of "needs work" place versus the avoid-at-all-costs disaster?

One of the main reasons why I want to do real estate is because after losing my job last because to a merger, I wanted to have another way to provide for my family and to reach financial independence one day.My goal is to become a buy and hold investor, buying duplexes and multi-families in my area and possibly out of state. 

I didn't begrudge folks who were in a better financial position than me for driving up RE costs.

Any one financial statement doesn't say much on its own.

I'm trying to asses what financial impact this change will have.

Selling may  be his best financial decision at this time.

We read the book in a few days and we were hooked on the idea of financial freedom, the network marketing, not so much.