My predicament comes from the situation of living in one of if not the most overpriced real estate markets in the world right now.My goal in joining this forum and building relationships with the people on this site is to navigate this difficult real estate market in order to advance my financial situation to better the life of my family.I understand allot to starting in this game is taking action and not sitting back on the fence but I find myself in an area that doesn't allow for an ideal return on equity as far as real estate investing for flipping/renting for positive cashflow.I look forward to having productive conversations with the fine people here on biggerpockets forum in hopes of helping other people succeed while succeeding myself in the ever changing world of real estate.Cheers,Matt Bouwman

Finding a builder in a hot market is difficult, especially one that can handle a project of this size and will allow you to make a profit.

It's difficult, though not impossible, to get a line of credit on a rental property.

When he returned, the entire wall was gone.)As I do rehabs for clients this has been an educational process...

You cannot legally be held to a contract, and therefore it will be much more difficult for you to get started before you turn 18.

Further investigation is showing me that this is very difficult to do now and that for each rental you have, you'd need a 6 month reserve to show the lender in the bank, and that Fannie Mae limits your rental properties to 10 units.  

@Jay Hinrichs: I agree that it would be very difficult but can be possible if you can take on partners who have resources and you are bringing other value to the table.

They are very difficult to find and if they are as good as you need them to be then they are going to be extremely busy. 

Yeah, true he might just be feeling particularly difficult today lolOh well, he'll be getting another letter!

If he is a sellers agent and the seller has decided not to play with you any more he may still be obligated to keep you on the hook as long as he can.... because it is in the best interest of his client.