Hi Kevin, I am not sure, but I will bet @Denise Evans has a good opinion on it.

Your best bet is to find a multi-family property that is mis-managed, has below-market rents, or needs to be renovated; then you can take the steps necessary to improve its performance.

I'm reading up on several books on the hold strategy and everything I can find online.

I hope there’s no one working who’d be dumb enough to bad mouth their boss on a blog, but you never know. Read this and just picture the auditorium of kids sweating bullets over the thought of what’s on their MySpace ...

What’s a fair ballpark figure for a real estate attorney to charge for supervising my process of finding a tenant; over looking the section 8 contract and my own lease contract/documentations with the tenant; I’ll be using the online tools for application, credit report / background check and customized lease contract.

I bet you have good pies up there.

Your best bet is to be honest and explain the circumstances.Perhaps you could talk to them in advance before you spend the money and time for the classes.

If the numbers work and the market sets the price then a 500k investment for a 2 br/1 then so be it.I agree that location, weather, land availability, and jobs(salaries) all play a roll in the cost of a house.Do I think its crazy to pay that much....you bet.

I do anything from networking online, planning out my farming routes to finding more REI networking events to attend.

You can go online and find a dozen homes at 65c on the dollar within 24 hours.The key is to find institutional and individual wholesalers.