My goal is to have my business generating cash flow and to be able to teach my son wholesaling when he returns home from college in August, 2014.I was feeling a little lost until I found this site.

It looks like you are suggesting I am not an experienced investor, I just you are right I have only been investing more than 20 years maybe you can teach me about investing.Joe Gore

Wait for mo one until tge cash is in your hand, teach people how to treat u.

This is a good area with 10/10 school system so that is definitely a plus but it is on a main road which is not my favorite kind of house to buy (although for rent sign will be seen by many everyday).Here are the numbersPurchase: 80KRepairs: 5K (hvac, paint, fridge,stove) Roof is newAVR: 95K to 100KTaxes: $525 per yearMarket Rent: $900 to $1000Purchase: 15% down with Closing Costs & Escrows: $50003BD - 1 1/2 Bath - 1 car garage1100 square feetYear: 1972Exterior Shape: Average to GoodInterior Shape: Average/Cosmetic The houses in the same area and style are selling for 90K to 120K so the resell value is there.

I try to involve my son as much as possible and let him do things like take the pictures :) If I can teach him how to start and run a business I'll feel accomplished.

In those areas, about the only thing you can get by with is a realtor style sign in the front yard. 

In the entire year of 2012, he worked 60% as a real estate agent and 40% teaching martial arts at his Tae Kwon Do School in 2012.Question for the BP CPA:1.

I worked with several folks that had paid over $30k for his teaching and still have no clue what they are doing.

I'm thinking something like your typical college 'survey' course but that covers a good swath of guru teaching.

Doing grunt work for one of the heavy hitters in town would probably teach you a lot. 20% of realtors do 80% of the business in most markets.