Thanks HarrisonI presume you recommend reading all the information on this wonderful site and build a foundation of knowledge before approaching any other education resources?

I have already gotten several cash buyers to contact me just via google adwords pointing them to my site.Once you have a decent buyers list you will be way more confident when approaching sellers and that will make all the difference.

$1300 minimum bid, I squeaked out a bid, the entire room turned around and looked at me and there were no challengers - which was good because I had only brought $1400 cash.

How should I approach him about this?

We won't know until Q2 2011.One party rule, and the Dems approach of tax & spend, we haven't even begun to see the the consequences of the devaluation of the dollar and high unemployment and inflation that took place during the 70's.

That is great advice.When I first approached the owner about the property I let them know right up front that I'm an investor and i'm interested in making a profit off of it.

I missed out on a triplex in a good neighborhood this week that brought in $1300/month and the asking price as $25k.

Matthew,Knowing that you will be leaving for basic training, tech school, and then a follow on assignment makes a tremedous difference on how you should approach this.First, what real estate course are you taking?

I'm just getting started, but I think that the cash flow, buy and hold approach best fits my circumstances.

Also no.Just curious how other investors approach rental properties in the inner city.