And I know many "employed" people who, at the end of the day, make more than many "self employed" people.

Build a self confidence, find a job and then you'll decide.

The town it self is not that big...it would be really country if it wasnt for University of Florida, Shands Hospital and Santa Fe Community college.

That leaves a ton of room for mistakes, market corrections, etc. as well as more room to add debt financing and other higher holding cost factors.In todays tighter rehab spread market (at least here in CA) a good deal is at 75% and I have even done them as high as 80% but only when I was 100% confident of a first week full price offer on the re-sell, and the rehab was very light and very quick.Example, late last year, I paid $305k for a property that took me only $8k to rehab and it only took 10 days.

Moving forward invest in your self knowledge and if you are going to loose money every month don't do the deal.

It's got a lot of humor in it, much of it self-directed, which makes it enjoyable to read.all cash

You may want to consider setting up a self directed IRA and purchasing your investment properties through an LLC.

Make no bones about it, this is being watched by other legislators (maybe from your state) and with the cumulative issues that exist in the real estate market/industry today (not to mention all the bashing in the media and growing public disdain), this could just take on a life of its own and spread like wild fire (to other state platforms)...Some of you might be reading this and say, "Scott's a lender and this is a self serving crusade from a self-important blowhard who sits at a table for one

I've seen an ad in the paper where the investor was looking for people with I think a self directed ira to put up funds into houses.

:welcome:It helps if you update your profile so people know where you are from and how to get in touch.Tell us more about your self and your partner.