Working for me to overcome those obstacles: determination that will see me through hard times, a creative mind that will find a way when none presents itself, hard work and discipline enough to take what little education, capital, connections, skills, and experience I do have and make it work.I'm fascinated by REI and believe I can be successful in this market given enough hard work and perseverance.

No one was hurt and everything has worked out well thus far.Instead of the aforementioned approach to the 5-unit building - I've simply used some of the insurance $ to go the traditional purchase route.That being said - I had it appraised for 230k......and in 1 year- I can refinance the building if it makes sense.This whole process has been a fascinating learning experience - and I've also realized how much more work a commercial property is to close on than a residential!!!

I've timidly been sitting on the sideline for a week or so, trying to understand how this forum site operates and it's so fascinating! 

@Alfred Swindell education is education... you can get it any way you want.... if you want to pay for it pay for it.. if you want it for free your at the right place..there is nothing new in Real estate basics there are new laws for sure.. on line or a place like BP is not the place to learn the laws.. just look at any wholesaling thread  :)But one needs to have a reality check... for whatever reason and its promulgated here and with guru's  there is this fascination that our industry is a no money no credit get rich industry.. and well that may be true in some rare instance's its not reality.

I have a fascination with what CA would be like without all the extreme consumer protections.  

I've always been fascinated by it but haven't done it myself yet. 

So hope to read some fascinating stories that people have been accomplishing.

Hello Everyone,I've been fascinated with the real estate industry for over 35 years but always cautious  and afraid of getting in over my head.  

I, too find this part of the financial world fascinating! 

For those that are fascinated with studying topics like this like I am here is a good read:10 Secrets of the Capitalist Class, or the "1 Percent"Josh Kennon has a lot of great material on this in general.