The day before our honeymoon ended, the underwriters found something "wrong" on my cell phone bill.

If you don't get the money when they have it, you won't get it because they'll change their mind and spend it on something stupid like a new cell phone, or big screen TV.

I have signed up with a local REIA and hope to offer my services in whichever capasity I can to learn from others who are Do-ing.

But, when you hit these problems, they will really hurt.Find a place where you can make money if you assume expenses are 50% or whatever the current owner can document (whichever is higher) AND 100% financing.If you manage the property yourself, assume about 10% of gross scheduled rents for management fees back into your pocket.

We're talking a run down area with convenience stores, cell phone stops, T-shirt shops, nail salons and even a dreaded store front church (I remember an Urban Planning professor describing store front churches as an indicator that the commercial value was in the lowest tier).

Within one year, it's the cost of acquisition plus hard costs of improvements (or sale price) OR the appraised value, which ever is less.

The absolute best thing you can do is to do whichever puts warm fuzzies in your stomach.

I've been doing direct mail marketing, using a 800 number that gets transferred to my cell phone.

In California, we have an article in the state constitution that limits the annual increase to the inflation rate or 2% (whichever is less).

You must clarify that with whichever company you plan to deal with.