I just started downloading the E-Books as well.  

@Cave Johnson second contractor does not do Plumbing and Electric work@John Rogers : Please where can i download schedule@Randy E,   I think that is what i need to do.

My daughter will be graduating from high school this year and wants to be like her mom and dad, real estate investors, she asked us for advise if she should go to college if so what classes should she sign up for or if she should go to a trade school.

My family are very nice people but don't know squat about executing agreements in RE.  

@Stephen E.  

Remember that we now meet in the Community Room at the ISU Credit Union located at 2255 E.

Originally posted by @Bob E.

I am not sure of your DTI ratio's, but you will be required to count the full payment towards your DTI until you have 2 years of landlording experience (reporting on schedule E of tax returns), which could make it hard to continue the process right away without flipping a couple or being patient and getting to the 2 year mark!

Your home office expenses will be reported on Schedule E. 

I agree with your comments that mortgage reits are vulnerable to rising interest rates especially if the financial reits are leveraged.Just as the energy sector (nat gas, crude oil, agriculture) are beaten down, I think that the Financial reits are trading 21% below book value and the reason for this is the rising interest rates are already priced in causing these reits to trade at such distressed levels.