If you have the knowledge required to proceed then the only thing holding you back is you - your motivation level.Me personally, I studied RE for 7 months before buying my first.

(how you arrived at that)When leases endAssumable loans are great so long as the bank approves you, so you need good credit and possibly a history on this type of venture.Post this info and ye shall receive assistance.

My plan is to begin a deep study of how to start, buy and analyze businesses before I do anything.

Do I basically preform as an assistant while learning the ropes?

im looking to start investing within a year and i just wanna know what topics i should evaluate more than others.

Hey guys, my name is Tom Doan and I'm currently a senior at the McCombs School of Business at UT studying finance.

You don't have to be close to make it work Corey. 98% of my current holdings are at least a 6 hour drive and all in other states.The key is building a great team to assist you.

Second, you have the right approach to study, study, study.

What's great is when you get someone good on government assistance where the checks roll in regularly.However, you may be limited in your exit strategies to selling to other investors who will want a steep discount, or selling as a lease-option, which has its own pitfalls.I view it as investing in high-return CDs -- if I can sell it for what I put in it then I'm happy with my rate of return for the holding period.

A guru I studied with suggested placing "fake property ads" as others have suggested-it did work but was not my first choice.