One gets experience at not taking things personally, if you take it as a learning opportunity.

The definition of “bad deal” here would relate more to the opportunity cost of such investment compared to other investments (financial markets), than a real financial loss for the investor (i.e. ending up with less cash than originally invested).Let’s now modify a bit our assumptions by including some inflation in our model (say 2%, in line with historical average).

This scenario features a normal FHA loan, but there may also be an opportunity for the seller to hold the mortgage.

As we are now approaching October, the after Business (9-5) hours, time to interact with Clients becomes shorter & shorter until we approach Spring and the time changes again - lessening your opportunity time. 

Once our income is replaced, we will continue to add to our real estate portfolio and start looking for opportunities to invest into businesses.I came to join Bigger Pockets by searching the internet. 

Please let me know if anyone is willing to work with me or meet with me and discuss opportunities.

In short, you choose to invest out fo your area for opportunity. 

I have been educating myself for the past 6 months or so on the endless opportunity that is REI.

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsLooks like you've already made some connections with other BP members there in JAX...You can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your success on BP!

I wanted to make sure I have enough to cover the unexpected but didnt want to have too much saved away that I may miss out on other opportunities