I then moved back east and jumped into flight training to pursue a career as a professional pilot.  

Matt- thanks for the info on meet up- have looked at it and I see something going on next week- I plan on going.

That's a lot of things that have to happen to have the train make it up the hill............ : )Look up "imputed interest" for an owner or seller of property.

I am just starting to build a plan to start a REI business for myself.My plan is to have REI be my main source of income in 3 years.I have be reading a lot, searching the web and looking for as much information I can find to help educate me on the life of a REI.I recently found the BP and it has been a great resource and help with my ongoing search for REI knowledge and experiences...

To enter RE investing without investing time in your education would be comparable to operating a cruise ship without any training or experience.

good ideas, ones I believe we have finally trained our crew leaders to do, always write the name of the project on the reciept at the store, the other when buying for two projects at the same time/ and location, ring up your order separately.We buy most of our materials from Lowes.

If the rent is not in the account on Monday end of business than by all means take necessary action.I'm all for training tenants, but this is common practice in My world.John

The best training on this is the CCIM program and they already have a very intense muti-page spreadsheet with that will compare different IRR based on differing scenarios.

If you can't stomach the risk then you're not prepared with enough information to make a decision on going full steam for your next investment.

Interesting, an IRS agent investigated him because the athlete was traveling and training full time but wasn't reporting that much income.