Basically, I think it is a fear trade.

It's a speciality trade and is not very interchangeable with drywall repair tradesmen.Best of luck and be sure to post any details and quotes you receive on this post.

Of course, location is always a factor in RE investments, so that can play a part in your decision.

The more knowledgeable you are the better you'll be at making better decisions.

When you let your emotions drive your decisions you are more susceptible for deals which are not in your best interest.

If you are considered a real estate dealer, you have a trade or business - the income is earned income, you are not eligible for capital gains treatment, and the property is not eligible for a 1031 exchange.

You can go as a guest the first time, you don't have to be a realtor, and they have deals they like to trade, but offer for cash too.

Those of you on the fence as to making a decision to come or not, are you committed to being successful in RE?

Otherwise, I'd rather be taxed at 15% capital gains + a few $9.95 trade fees at Scottrade, and no penalties if I completely exit, instead of taxed as ordinary income (close to 50% ?)

Are there other things I should consider besides the APR and interest before making my decision?