LEaving you 220K for emergency schooling.

Hello everyone my name is Will and I would like to say that I really like this forum and thank you for helping people who are just starting out or are thinking about starting like me.Well, not long ago I was in a dilemma between taking Animation or Real Estate, well that is no more for I have decided to go for REI, I am a full-time legal clerk I work for my parents managing their immigration business here in LA despite the love* I get from older employees/co-workers I manage and everything is under control.Now what I was wondering is how can you get started in REI since I work full-time and I can’t leave my job cause if I do there will be no one to watch out for the business, thing is I want to see how much you would need to start investing after learning the process that is, if say I had $5,000 or even $10,000 in hard cash which I know is not much, but is there any way and I mean any way one could start investing with that kind of money off the bat?

If I have to leave my 1-hour driving zone to buy something anyway, I'll be damned if its a SFH.

So for those who are thinking about waiting, I can tell you from experience don't do it, you're only leaving your own fortune on the table by waiting.I'm active now and have a lot of potential deals working through information from the network of investors that has grown up around me.

I skinned my knees quite a bit on the first one, i.e. the electrical infrastructure was 50 amp and not 200 amp that is needed today.

I've seen that before, but its usually in 1 factory towns where the one main job source leaves.

Thank you for the explaination, but it still leaves me puzzled.

All responses are great and have nothing to add with an exception of one thing:In the future, do videotaping the premises prior to moving in and just after moving out (before leaving key to the landlord or countertop).I, as a landlord, videotape everything before tenant moves in (with new tenants on tape) and after they move out.How everything do I mean?

And initially in doing some quick math I thought they would be leaving about $200k on the table.

And leave a couple tiles for the buyer!