You pair that with my PhD in bro science, and I know just enough to be dangerous.

ck crimereports.com  some neighborhoods is dangerous.......You get rent 1st month and that is the end of your income,

I know excitement is one of the most dangerous feelings in real estate -- but man, is it tough to not get excited when you run the #'s and finally one makes sense :)Financially, we can't handle 10% down for duplex, closing costs, fees, inspections etc. - so we're going FHA and thus will have to occupy one of the spaces.

That's what seems to really turn areas around .Sounds similar to what happened in Cincinnati in the over the Rhine area although I don't know if Indy hoods were as dangerous .Over the Rhine was called one of the most dangerous neighborhoods in America at one time but now it's a bunch of lofts and looks to be pretty hip .How much would you say prices have increased in Indy areas since a few years ago ?

I'm not saying that I don't appreciate some of the motivational content but at this point I'm already sold on RE investing and just want as much substance as possible.So, in a nutshell, for me and anyone else who stumbles across this post in the future: Knowing what you know now, what book would you start with and then what would be your next 2-3 steps after that?

  ( which is why sub too in the hands of those with little capital or don't know what they are really doing are so dangerous.) 

Upon consent, I do allow pets with restrictions: I have a "dangerous breeds prohibited - list available upon request" clearly stated on the lease.

That's dangerously low for 2 properties, at least if I were you.

Using space heaters and the oven to heat is dangerous and could ultimately result in a house fire.

Yes if you have tons of reserves to cover yourself when the sh*t hits the fan, then sure....you can ride the storm when your are leveraged up the a$$ and it all tanks....but most people that are leveraged that high do it because they don't have the reserves sitting around.......they cant weather the storm for 2-5 years until they can break even again.....It surprised me how many people are back on the gravy train of leveraging the hell out of everything because it will never go south again....dangerous road.