Set goals, whether you achieve them or not, keeps you focused and motivated.

Mostly just looking for someone to discuss options and benefits of setting up an LLC or going it as an individual.

I can relate to not wanting to make a big mistake early in your investing career and taking a major set back.

I have been looking on the market and I have set my budget at 200k.

I'm making around 20 cold calls a day on FSBO's offering full price on terms and discounted cash offers to those with higher equity but every seller believes they can get full price or more because they say "houses are flying off the market in my neighborhood" or "I have no doubt that it's going to sell soon".

Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.And, of course thehttp://www.biggerpockets.com/forums - ask any question about real estate!

and yes if the buyer wanted this property.. the second they got the counter and if it was acceptable they should have signed it.. then get it acknowledged and then they are in escrow... if they wanted out I am sure there was a due diligence period.. this is the type of mistake folks only make once its a learning curve however the buyers agent should have told the buyer they risk losing it by sitting on the contract to the very last second. this is why in hot markets you see sellers and buyers make offers with ONLY hours to repond.. offer comes in at 1pm and they require a response by 5pm.. giving days to respond is nice but it does set you up for what exactly happened

Please let me know if you'd like to get set you up on an MLS search so that you can begin to research the housing market here.Cheers!

This is not being cold, it is simply managing risk. 

Michigan and Ohio...despite the cold weather, are bouncing back into the industrial powerhouses that they once were. 100's of engineering jobs to land back in Detroit soon.