someone correct me if im wrong.

If i understand you correctly you are speaking of what is known as a "Double Closing".

I stand corrected.

This could be corrected if they were able to learn the same cool strategies that you learn by reading books, courses, tapes, online, etc...The problem with this is that most of your family members probably aren't interested in Real Estate investing.

He pointed out that those guys made much less than I did and that if I hired a roofing contractor their employees made less than me.I pointed out that while those guys earned less individually they would have 6-10 of them on the roof which probably added up to what I earned and that I had NEVER seen a "roofer" install a roof correctly.

Ryan has the correct answer here.

my two sense is, really go out and while you're in college - take real life "classes" in the street while also going to school in the college.that is everything i am about.at work in the past 5 months i boasted $55,000 in sales with the total being $155000 between 4 people. the top seller being the owner because... well he just has more experience and he's there more. but i can sell anything.the real estate certificate i am attaining here at college is only 4 classes. i'm incorporating that into my schedule with my mechanical engineering major classes as well as business. so its kind of complicated.i wont be able to get my brokers license for two years because 1. i dont have the correct study guide and utilities nor the money to pay the $800 i have seen for some.

what aspects to loof for to see a ROI - what is the formula, Total Rent - (expenses/month) = Cash Backis that a correct formula?

It's legal BUT you need to have a really good paper trail and set up you Corps and DBA's correctly.

Once the Trustee sale goes, if it doesn't sell, then the bank owns it.I'm sure if this isn't quite accurate, others will correct.