If you proceed I would make sure to find a really good management company, and I would only buy deals where the cash flow alone justifies the deal--Pueblo has not enjoyed the appreciation that has been prevalent in many other parts of Colorado.

I have heard that mistakes and fear can just be normal.  

I mean, every city's chamber of commerce site makes it sound like it's "experiencing a renaissance, an amazing rebirth, has a burgeoning start-up scene of high-growth tech companies", etc etcMy biggest fear is that I'll choose some small city in the Midwest and a year after I buy a property, the local plant will close and now no one can pay their rent :-/

Hey guys,My name is Sam and i've been pondering the idea of becoming a real estate investor for several years but because of my past situations and fear i never took the plunge.

If only there was a formula to get over the fear of jumping into the abyss.

I use combined income, but if I fear the tenant dynamic may change I pass on both applicants.

I realize interest rates are different, but my concern is that the interest rates are fine now, giving me cash flow, lower down payment (20 vs 25) than traditional.....but my fear is that it goes to 8-10% down the line.

Is it localized to one section or prevalent throughout the foundation?  

Of course I have the newbie anxiety and fear but I'm ready to overcome that and be great! 

Hello BP family-- One question-- how do you get over the initial fear and just jump into it.