I'd have to say that a developer who has not had several projects under their belt in a metroploitan area should keep in mind the political aspects of the plan, especially if rezoning is going to be an issue.

The point/counter point aspect of some threads in the forum are invaluable.

There is no such thing as "done building buyers list"The other aspect of course is locating and contracting great deals.

Interesting Augument on the military aspect.

Another aspect that is not generally easy to do, is while finding properties is not a problem, finding the right buyer for a property is, especially if they have experience.

In fact, I incorporate multiple exit strategies for my REO rehab strategy and certainly a second and even third exit strategy can be incorproated in just about every aspect of RE.

Obviously screening tenants is going to be EXTREMELY important in this situation and I will need to closely manage the property manager in that aspect.

I'm sure I've had posts on certain aspects removed without knowing the reason.

Additionally, if one works 40 hrs a week and makes six figures, and wants to make the above mentioned income after 4 to 5 years, what aspect of real estate should they specialize in.

I'm trying to use my portfolio lender since they like high-end homes, but they're not too crazy about the non-recourse aspect so I'm trying to explore all my options.I'll check with First Bank and post the results.