I'd include that email here but I can assure you that the Realtor police will hunt me down and burn me to the stake so we'll leave that alone. to summarize this really long post, and I didn't write it as a blog simply b/c more eyes are on it here and this is a lesson to be learned.

But this fear I would describe as respect.They say that if you play with fire you are bound to get burned!!!

2) What burning questions are you seeking answers to regarding real estate investing (ones that are holding you back from getting started)?

I was burned out in a 6 figure job and needed something different.

Tia,Based on the information provided I don't see how this work can be completed for your $30K estimate.If the second floor is burned out... you may be faced with replacing all of the rafters and roof, certainly all of the wiring throughout the house, most of the plumbing depending where the bath is on the second floor... plus all of the drywall from the smoke/water damage in the rest of the house.I have some experience in fire damaged properties... and I can tell you that when I did my first one which I didn't think was that bad... my estimate of $23K was off by 130 percent.

This kind of ranting is the cause of drinking two Monster energy drinks instead of just one in the morning :)

My name is Fadie Hany Areny, as you all remember my old user name was ArenyInvestments and I had screwed up big time with Nick Johnson and the Bigger Pockets community by telling lies rather than the truth.There are no excuses for the behavior I did earlier this year, but in my journey I have found that keeping bridges up is a lot better than burning them down completely.

John, I know of a solution for you(see signature below) I would highly stress though that you focus a lot of your energy on repairing your credit and your financial situation.

After speaking with other people in the area the house was a burn down...

Well the first thing I would do is sit on my hands and not let the money burn a hole in my pocket.I would spend between 30-90 days researching markets, I would create a deal sheet for various properties and then compare all of them against each other.