b) buy them lunch and absorb everything they will tell you on how to play the game.c) find a property that will give you equity at closing and positive cash flow from day 1.d) screen tenants aggressivelye) be a good landlord by doing what you say you will do when you say you will do it.

I'd rather not be the typical american and come back with some italian sports car but perhaps use cash that's in the bank to make an investment in my future and get me into an exciting career for once.So the question I'm posing to the experts, if you were just starting and had a giant lump sum of money (roughly 220k after taxes) to play with in a market that isn't really inflated what would you do?

I looked around quite a bit there for student rentals, and still think there's a play near the college.

Ideally something with proven results.

If comps, meaning recent (<90 days) comparable (ideally same floor plan, at least similar sq.ft., same beds and baths, similar location) sales are $149-167 I'd think a listing price under $149 would be in your best interest.

I have a few questions:1) Who plays closing costs typically in a short sale?

If you are relatively new, I would strongly urge you to attend a number of Sales first, observe which Investors are bidding (they are usually regulars with Cash or Credit-Lines), evaluate the properties that are being advertised and sold, including the figures (numbers), then determine if you are ready to play with the players.

It just lets you play it safe.

I love to spend time with my family, read, research new opportunities on the computer, help others, and play coed softball and volleyball.

Your in the game you might as well play where you have the greatest chance of success.It is all about risk assesment in my humble opinionI prefer to risk everything I have because if i lose what I have I will have it all back in under 5 years most likely in 2 years.If I don't risk it I know I will be broke and unable to retire.Hmmm what is retirement......I don't think Ill ever do that one because my definition of retirement is to be able to go where I want when I want and do what ever I want to do.........So I make a few phone calls during the day and make more money for doing so......I will never quit teaching people This business because It has made me a truely free man.One will never be free until one has no attachments in life because attachments by the nature of the word attach us or tie us down......I am not attached to my money or things....I can't take them with meI am not attached to life.......when i die my body stays hereI am not attached to my wife and son .....I love them but they are their own spirits.......If we had never taken the risk to travel to the moon we would have never reaped the benifits of such a great undertaking..Sorry but I believe that all things are possible to him that believe...I guess it's kind of a sensitive subject for me.