Anyway, I know this is a RE investing forum so I won't waste anymore time discussing my personal problems.

I have spent around 16,000 on diferrent education and read lots of books only to read in the guru sections I was probably taken and wasted some reading time.

A bank can fund the deal if the numbers stack up and your credit is solid.

I used to be one of those people.Give us some real solid numbers on this house: PV, expected rent, any debt, current taxes etc.Oh, yeah, I just remembered, in CA if you show some phony baloney sales price your county assessor is going to be on you like ugly on an ape.

No,the seller pays.Lastly, be loyal to the agent you choose ,remember their time is on commission don't waste anyones time make a firm decision with whom you choose and I'm sure they will meet your needs.Build relationships in this business and you can go far.

I would guess that your strong background in the industry will provide you with a solid and knowledgable foundation for this next step in your life.

I don't want to waste my time if it's a dud area.I'll make my way there before my final decision, but could use a little help from my BP friends.Thanks in advance.

Do you find that figuring out that stuff yourself is a waste of time or do you go ahead and trust the seller on points like that?

Jay Gray Holding & Gray Investments, LLC p.s. some of these Detroit neighborhoods still have solid sales (non foreclosure) up around 75-95K so you do the math if you're picking up minor repair homes for 15K and they bring in $800-$1025 a month.

The good news is that even during the current turbulance, there's gonna be some solid, stable areas.