Remember to factor in interest cost, your time involved, and overages.

How long have you been involved with real estate and whats your assumption as to what the housing market will be in the future (in general)?

You should also get seriously involved in your local REIA.

Most involve little "fibs" on their balance sheet.

What type of real estate challenges are you planning to get involved in?

You could talk to the agent and ask him to let you be more involved in the process and help him out, or you can track down the owner, get his permission to work with the bank, and try to do the short sale yourself (the agent will still get his commission from the sale).If either of these options don't work, then all you've got left is the auction or the REO route.

Just look them squarely in the eye and let them know this is how you do business, and it's what it takes for you to help them.

It involves a great deal of know-how and work, not just signing some documents and then listing/re-listing the property.I hope there isn't a wave of wanna-be investor's cleaning out their life savings to go prospecting in an area of town they know nothing about.

No management company is ever going to be as interested or involved as an equity partner.

There are different forms and legal issues involved that someone untrained may not know about.I am interested in locateing any property investment clubs in SE Tenn.