Hi can anyone explain what the fraudulent practices are?  

I'd like to practice my art (since I'm already in school for it) and invest in real estate too if at all possible.Since I do not know any successful investors in this industry (yet), I read books from people like Kiyosaki, Robbins, and de Roos.

Meaning an area can look good as you research or it can look horrible however there can be a 1 mile radius that you will find is up and coming or that is in close proximity of and area that is rated Good....best practice is to do the leg work!!

The typical practice for collections firms is to take a percentage of the principal, get attorneys fees based on that in the judgment, and then take out a percentage of all incoming monies of the garnishment.

So either you share with us a good reason why the area should go back up, or you should get out as soon as practicable.

I feel like I am wrapping my head around the concepts of investing, however I still have no experience or real direction on the practice of being a broker.  

What type of law do you practice?  

I live in a very hot market in Fort Collins, Colorado - any deal to be had will MOST LIKELY NOT be found on the MLS. One of my 4-plexes was an off market deal that came about because me and the previous owner found a ...

We fortunately/unfortunately live in a high priced market.Frankly, this is the prime reason why I elected to move my REI business out of state.It's not practical for everyone, but, an option that you may want to consider in parallel with upstate investing.However, don't be disheartened you have to play with the deck of cards served and find a way to win!

Sure thing.I'm actually a full time attorney that focuses his practice heavily on real estate.