I have been reading up on books and purchased a one of those unpopular courses trying to get all the info I can.

I would suggest that you pick up any local RE for sale books, if your area has those, and usually you will find an agent or two that advertizes in there that they specialize or do Investment Properties.

I have read 6 preforeclosure real estate books, but some of the most important macro questions don't seem to be addressed in them.Investors are ultimately looking for a deal that has equity and you can flip with at least a 20%+ profit margin (unless you are doing a short sale).Question #1: If that's the situation, why wouldn't the home owner just sell their house and do the same thing?

The information on here has been super helpful so far and I can't wait to learn some things through my own personal experience that I can share with others just starting out.I have read several investing/rehabbing books so far and have been listening to quite a few podcasts on real estate investing.

For my market and for the areas that I am mostly interested in having rental property (lower blue collar neighborhoods) my "magic formula" is rent X 50 = max value.

This is a bad idea in my book.

Do you know of any books that provide extensive info on multi-unit residential commercial real estate?

Hello EveryoneThis may be a dumb question but I been reading a few books on real estate trying to educate myself and the topic of the last chapter was adverse possession.

I've been interested in REI for quite some time now and have picked up a few books from the library and bought some from book stores and haven't been able to put them down.

I have to admit that I'm out of the loop on Blue Moon Financial, but it seems to keep coming up in other threads.