Could anyone to share with experience on this kind of investing and give an idea how long time it may consume to get in the field and see results?

I am looking for something that really gives a reasonably good cash-on-cash return yet is not too time consuming.

I have thought about making a pre-application form asking for fewer details, but haven't had the time.

@Windie Gaytan -You are always better off mailing to fewer people but mailing to them consistently.

The problem is, the numbers aspect is just about where my knowledge ends -- if only RE investing were done on a spreadsheet and a telephone.It's pretty obvious that BP offers a very extensive resource, so I've taken the time to read all of the "newbie" articles, listen to each of the podcasts, and generally consumer about 90% of the information that you have on this site geared toward starting out, marketing, etc.

Same assumptions as above, the $80K loan payment of $480 consumes almost all of the $500 projected (back of the napkin using 50% rule) net cash flow prior to debt service.

I understand that a lot of investors don't want to deal with short sales due to the time & hassle involved. I know that banks take a long time to respond. That said, what else in the process causes a significan...

It takes much longer to close deals, there are usually much fewer deals, but the deals are bigger.

If you can get a solid (good) manager on those properties, you will have substantially better returns and fewer feadaches.

One time consuming chore is doing the payroll.