I am looking into real estate as I have read many books that point out 7 out of 10 millionaires have made their money in REI.

You can do 'in-season use' during the week, and not give up much income either, as weekends are always more popular anyway, you pick which days your unit is 'off the market' and they just make your unit 'booked' in their hotel system those days.2% rule is so far away I'm ashamed to ask about it.Cost: 195,000Annual Costs:Taxes 1633Gross Rents 2012: 24,300Annual Condo Fee: 6000Pay 22% to the front desk: 5400Pay maid fee for booked nights: 2000Pay parking fee for booked nights: 1050Electric: 1200Netting: ~7200/year or $600/month for P+Iso... to get to cashflow neutral ASSUMING NO ADDITIONAL REPAIRS(which is quite a bad assumption).

I checked out this book and was pleasently suprised to find it very development oriented because the author is a developer.

Was there a good book that goes over "Rules of Thumb", but not for rehabs; for all REI ventures.

Word would get around and really hurt his pocket book.

, there's lots of books on landlording so I won't go into a the problems that can pop up, but check your library and/or do a google search, also read everyhing ESPECIALLY THE ARCHIVES on this and other sites.I always forbade dogs and smokers, if it limited my tenant pool I didn't care.

I'm new here, and to RE, except for all the books at the library and the TONS of info online.

It's like having two sets of books.

Kiyosaki's books and things and trying to get some ideas.

Is there a good book that will tell me the places to look for these deals?