We live comfortably... currently rent a big four bedroom house.

Looking at Properties on the California coast where prices for single-family homes rarely head below 350K and even condos start above 250K...it seems unwise to begin a career in real estate investing here.Occasionally though, I will see a 1-bedroom condo in Los Angeles or San Fran in the low-100K range or so...or maybe a 2 or 3 bedroom condo for 150K.

The problem he had was it was a one bedroom house.

He did not want to make the loan because the house is a one bedroom (but very nice) home and he considered it " odd'.

I have a white-board in my bedroom with my yearly and monthly goals written on them.

Its come up a few times here, and none of us seem to have any real detailed information.Can you please tell us for a typical resort condo type property, what can we expect for scheduled rent, actual collected rent, and actual expenses?

I've recently purchased a 3 bedroom house and have been advertising it for rent.

The average price of a condo in manhattan is around $1 million.Also, I don't know how realistic wholesaling in NYC is giong to be.

It is a 3rd floor, 1 bedroom.

By the way its a one bed room with approx 580 square feet with carpet..the rest is tile.