Hi All,I'm new to the real estate game and investing.

It is like a stock market game. if you are looking at it long term though, do you think rents would drop as well?

Noble too that you want to pave your own way financially apart from your family.Recognize that it's a get rich slow game (which I'm sure you know by now).

I think you need some more reading before you try playing the game 

Additionally, some affluent towns might have extra fee's for waste removal, parking, etc that local contractors and this city hall will know about. 75% in a nice neighborhood is a good ARV according to what I'm reading for more luxury homes.

I own a web hosting company and even I have to agree with @Lucas Hall on this one! 

Ultimately I am an opportunistic investor who wants to be conservative on his first few deals as I have a young family and see success as more likely the longer I can stay in the game.

If you want to be in this game for the long profitable haul you need to make sure your properties align with your numbers, otherwise when the market hits a snag you may not be able to come out of the trenches in one piece.I remember when my husband and I went to bid at our first auction sale (we had attended several auctions before to get a feel of the atmosphere) I had an excel sheet for the property I was interested in and detailed profit/loss for every $5k increment of bid.

Contact @Brandon Hall to see if he meets your needs.  

Buying an office to house one of my full time workers and for myself in GA.Office is nice but hall entry real wood floors need re-sanding and poly coat.