Equitable interest is not clear but the state investigator stated EM must be "reasonable" and could not define that term. $20 on a 400K house won't work.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

There are good properties to be had, but I think approaching the market with a flexible mindset and investigating a lot of options is helpful.Account Closed 's post is good cautionary tale for young people putting off getting started in RE.

Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.And, of course thehttp://www.biggerpockets.com/forums - ask any question about real estate!

You may want to investigate there and see what you find.

Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.And, of course thehttp://www.biggerpockets.com/forums - ask any question about real estate!

Make sure to set up your keyword search.

This should take 10-20 mins to complete.1) Please setup the key work alerts – Keyword alert 2) Search and Subscribe to you local BP forum and any other forums that you are interested in based on the real estate strategy that you are looking for. - Forums3) Network with the fellow BP members from your area or area of interest. - Meet4) Download to review Brandon Tuner's list of 'The Top 20 Real estate books Every Investor should read' and the list .These books a very good way to keep yourself educated on things that was already documented by the experts.

Utilize rental properties to provide monthly cash flow to pay for future Chicago residence.Ricardo Olea I saw your name pop up on one of my keyword alerts for a property in North Park.

I have listed some helpful recommendations for you:Find and connect with other BP members that are in your area:http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you:http://www.biggerpockets.com/alertsRead Beginner’s Guide:http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts:http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person.