Oh, and one more thing; did I mention that you need to V-O-T-E.

@Nadia O.

Disadvantages of real estate investment 1)There is no business barrier, it easy o get capital from the banks, so many competitors/people could do it, which means more supply.

Once you are active, you will have such fees as -Errors and Omission (E&O) premium (insurance)-Realtor dues-MLS membership fee-brokerage fee (your broker usually charges you something, especially if they are a franchise)If you are a buy and hold investor, it may not be worth it. 

@Clay O....

Check with the city or county planning and zoning department to get an idea if your concept will work, if you can build what you would like to build and what is required for all approvals including site plan, building permits, proffers, water/sewer tap fees, bonding requirements, inspections, setbacks, lot coverages, parking requirements, height restrictions, C/O process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.

You get the young professional atmosphere w/ incredible walkability w/o as much riff raff as you get throughout the rest of downtown.

I'm not looking for a fast money scheme or to get rich overnight w/o any work that's not even my motive.

A credit card's i/o payment will often/usually be less than an amortized lendingclub.com payment. 

A $64,125 note with the borrower having invested 30% down o his own money is worth more (less risk) than the same note amount in which the borrower put 5% down borrowed on credit cards.