Instead, concentrate on finding a company that will give you the education you need to go out and make those millions.If you go with the per fee, discount brokers, you may not get the training you're looking for and you'll probably get thrown into the lions den... and you won't be coming out of it.Plus, just because you sign on with a broker doesn't mean you're there for life. 

Who knows if it will be accepted, but just going through the process has been incredibly educational.

If you are looking maximize on a minimal amount of income, you will want to use both types of contributions.Speak with your licensed tax advisor to determine the best formula in your situation.

Final question - do you think you are ready to look for deals, or do you agree with me that while the impetus of your thinking is in the right direction, what you really need is to educate yourself :)?

It does serve as proof that I am highly interested in the business and education of real estate.

I have been interested in real estate for a long long time and I think finally I am going to start getting educated and try and do something with it since my IT job of 18 years is about to come to and end.

The best asset you can have is knowledge, you really won't have that until you learn real estate instead of systems or niche approaches of dealing in real estate, that's not an education, it's simply information. :) 

("Appraised" value is not a magic number; it's educated guesswork).Though not quite so profitable, if your desired cap rate seems unattainable by paying 100% market value, it might still be got, as long as you're paying the Seller no more than 80% of its expected value.

Our culture does not do a good job with educating people about the costs and work involved in housing others (and popular images are of greedy landlord and goofy ones like Mr Ferley and such from 3's Company). 

@Will Anderson What an exciting financial and educational journey you're on.