Thanks Michael for the tips, it is very much appreciated.So it seems like to me to avoid any possible problems with sellers etc.. is to ensure you have solid investors ahead of time.This is a lot of fun and I look forward to really getting into this.

Make sure you talk with a mortgage broker ahead of time to make sure you are ready to go.

This is just a side interest and an investment vehicle - no different than the stock market.

So once you reach 10 go ahead and start a thread with your business offer in the link below, thank you for your time and have a nice day my friend........Make Deals & Find Partners Forum:http://forums.biggerpockets.com/viewforum.php?

this is a great site and thanx ahead of time for all the help and advice i will be getting.

What are the goals so that you can match the investment vehicle to the goals?

What I am suggesting is just that, a suggestion.. you need to determine what kind of life you want to live, then look at the vehicle that is going to best deliver that vision of your life.

But it is only an edge if it's used.By systematically collecting just a few local demographic statistics (job growth, population growth and income) and property performance fundamentals, we can get ahead of the curve.

Never let anyone get ahead of you.

After the first reduction go ahead and make an offer.