Great risk = Great Reward, but it can also bankrupt you if caution is not used.If you have a "day job" this strategy is very difficult.

No other country worldwide can compare with the volume and quality of American books published, and these really should be available worldwide.

Thanks for the suggestions.The reason I compare those two homes is there aren’t much home sold since October of2008, and for the home that sold within 3 months is better this one (i.e. more bedrooms, large house/lot and better condition) is sold around 360k to 500k.

But that all takes work, and you better believe it at first you will need to do all of those things in order to get going, unless you already have a lot of cash to where you can outsource all those things.The people who will be rewarded are the ones who will do things that others won't do...

And by using a comparable sales method. its estimated to be worth approx. 34,000.

I'm significantly less educated when it comes to picking stocks compared to them so I take the easy(and more likely more profitable) route and simply buy the market itself.

Well worth the wait plus I had an immense knowledge source from the other local investors at my disposal.Use that hunger wisely young grasshopper and you shall reap the rewards.

Mostly cosmetic.My ARV was rather a rough estimate based on comparables of similar homes in the area.My plan was to wholesale it based on the discount I'm getting and the fact that I have no cash to finance a property.

Mr Barnard, it would seem that your area of interest (REO's and Short Sales) is also the area I would like to pursue as I feel in this market it has one of the greatest possabilities of reward.

Investors is the Solo Roth 401K.Matt, while I agree that a SDI is not for everyone and also agree that a solo 401k plan has it's rewards, it is not necessarily the "Ultimate Plan".