Mind you I am buying a house 5 doors down, and 3 O4+ live with sight of this house.

PITI  Principle, Interest, Taxes, Insurance.  

I wish you all great business success, prosperity and few headaches.Speaking of headaches, let me share with you my current debacle in hopes of getting some reassurance that I haven't made a big mistake and if so getting some ideas for softening the impact.So here it goes...For one reason or another and against some of our core principles, we engaged the services of a GC for our latest rehab.

Many states no longer allow small investor to bid on tax sales or tax certificates as the big boys will buy up the whole block sight unseen.

If I wasn't going to be living there, it wouldn't matter, but I'd rather not drastically reduce my quality of life for two years in order to kick start the investment ball rolling.I've put some thought into combining some of the principles of traditional investing with creative investing to remedy my situation and this is what i've come up with: I would likely be able to find a great deal in a good area (that I would actually want to live in) by applying the marketing techniques of wholesaling.

Here is how I look at a deal.monthly income - expenses = net income/downpayment = cash on cash return cash flownet income + principle pay down / downpaymentThis is what I look at to establish whether or not it is "worth" it. 

The class is focused on teaching RE law, general principles, and passing the state exam.

Vacancy and turn-over is generally a lot more expensive than the cost of standing on principle.- Have you verified that your property taxes are reasonable? 

@Phillip Tillotson Bill Gulley Why did you choose the fourth edition of the principles of real estate?

I maintain that the only difference between us and say, Bend, is some short-sighted city councilmen, mayors, or others in position of influence.