I have partners in my real estate holdings and have to be held accountable and even though this would be a noble gesture, my partners are looking at the bottom line.  

I also knew that the real estate situation there had bottomed out, and that it would rebound in a few years.

@Race HobsonWelcome to the BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken your 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab/fIip or buy and hold it's up to you to decide, but there are no restrictions if you want to do all of the categories mentioned.The bottom line is that you must take action to start.

Bottom line my mortgage payment including taxes and PMI will be just under $800 a month and according to the research I have done $750 per month should be a reasonable rental amount to expect.

@David HolcombWelcome to the BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken your 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab/fIip or buy and hold it's up to you to decide, but there are no restrictions if you want to do all of the categories mentioned.The bottom line is that you must take action to start.

Interesting, I'll retry the averages with the bottom 5% and top 5% removed.

The fact of the matter is that as long you can justify that your time, effort and savings realized by this project, as well as its impact on your bottom line then you are made whole.

You know their going to slam your doors open, so put door stops behind each doorknob, not at the top, or bottom as it will split the door.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.Brandon Turner mentions we are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

@Roy Callan - Congrats and good luck with your FSBO find, but, I totally agree with @Larry F. that you should give your earnest money deposit to a neutral 3rd party for safekeeping.Please keep us posted on the outcome.