It's not state specific so it will be valuable wherever you are.3) This is an awfully loaded question.

I know the term safe is a relatively subjective term when it comes to real estate but I am talking more along the line of what neighborhood/area can one stand to make a fairly significant gain with a 15-25K cosmetic rehab/update?

I'm actually finding that the slower long term gains are not as appealing to me.

They are not hit with capital gains.

So the only real net benefit you gain is any interest you can gain on the $1,000 between now and when you sell.

I've owned this house for 6 years, so I'm exempt from capital gains no matter what..

Still in college, majoring in finance, trying to gain as much knowledge as possible.Looks like a great forum!

Now in reference to Texas' real estate licensing laws, here's the text directly from the Texas Real Estate Licensing Act for what a broker is:"a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following . . . . . .

I have joined recently,and have found this site to be '' explosive '' covering the very needed area's that are sometimes hard to gain acces to.

But the single most valueable thing you'll gain is the confidence to do no money down deals. that's like buying a license to print money.