Find out how much money is owed on the house (liens and encumbrances) and what the monthly nut is.

I think teaming up is great for speeding up the fruit of our labor and Biggerpockets is a great place to get to know people and learn!

I guess the question in a nut shell is: Is monthly cash flow the name of the game?

I don't want to be thrown down a 20' hole while some nut tells me to put lotion on my skin if you know what I mean....

If you were working for 9 bucks an hour before and surviving that income is more easier to replace for reserves than making 80k or 100k yearly etc. and making the change.You have to write down all lifestyle expenses and know what the monthly nut is to break even and be comfortable but not rich or having to take on debt when you start out.

Fruit Cove, FL4.

@Will Barnard Haha yes you are correct, 25k buys you a fruit stand out here in Orange County if you're lucky.

I'm hoping 2015 will be the beginning to a fruitful REI career to supplement my (hopefully) successful real estate agent career.Long story short, I'm still starting.

But I think that's along the same lines as a blind squirrel finding a nut on occasion.

Believe it or not, you kind of need a thick skin to do this because you’re going to hear all kinds of stuff, some of it critical, some of it positive, and some of it a little nuts or pretty far from objective.