A big advantage of real estate is your risk drops quickly as your knowledge increases. 

Expect quick growth especially if there isn't much competition in your community.

On further thought you could back into a similar setup by pricing it a tad high but indicating you're willing to talk about the price for the "right fit" (don't get specific) or if it doesn't rent quickly. 

Does the investor want a % of monthly rent or do private money investors only want to invest in flips to make their money back as quick as possible? 

As soon as the back door was installed, the boys quickly figured out how to unlock it and started to escape and run off.

But for all the programs out there seems to me this one for 1,500 would be worth it you know there are going to be others who are probably in good positions to buy this stuff so that means they have ability financially and business wise.compared to say a wholesaling seminar which is the how to get rich quick with no money crowd.. or the fix and flip seminars.. which are a mixed bag of capable folks and dreamers.

All these guys are very rich, but they didn't start off that way, they got off their butts and outworked everyone else.Step 10: A year or two from now, once you've grinded your butt off, learned the business, saved as much as you can, and started to establish some credit, you will be able to start really investing your own money in real estate and may learn other options to get started sooner using OPM!!

Just a couple quick responses (and I'm no expert so you should probably verify with one if necessary):If he doesn't pay and the building is collateral then you would have the right to foreclose, however, foreclosure in NJ can take a long time and be costly.

Quick closings etc.  

The management company, when a tenant calls in with an issue they are looking to address it quickly.