A little bit of knowledge goes a long way in establishing the confidence to take the first steps into becoming the master of your own financial destiny.I’d love to field questions from beginner investors on the process or hear feedback from the more experienced investors. 

If you know or meet someone who have been full-time as a real estate agent and property manager with his own business for 20 years+, would you be more inclined to believe that he would know how to find, analyze, and buy INVEST/RENTAL properties, rather than just a primary residence for your everyday Joe/JillI understand that some agents are more experienced/suited than others in the field of investing.

The reason for the bankruptcy is an important indicator of risk, were funds just mismanaged and a debtor was irresponsible for debts or did unforeseen and unavoidable matters cause the situation, such as medical bills?

Been in business for myself a few years now and have been working in the construction field for the last 12 years, I have always wanted to get into real estate investing/rehab.  

Well, Leo, don't think there are any .......yet, all that you find pre-Dodd-Frank are probably like pushing a lawn mower through a mine field.

As far as what to look for in your purchase -- location, age, sq footage, lot size, future city infrastructure development or redevelopment, potential rental rates (near hospital to rent to medical staff), are you looking for cash flow are you looking for appreciation....etc ... etc... 

Now I find it is equally, if not more important, to be out in the field to gain experience and insights.

I am currently a project manager on a year-long Electronic Medical Record implementation at a local hospital.My not-so-long-term plan is to stop trading time for money, and I have therefore started learning about various ways to build up passive income.

Connect a pipe to the septic field?

Lot consists of 1/2 fields and 1/2 woods and has excellent solar gain orientation which is most important for high performance, energy efficient building which I specialize in .The seller, an engineer, is retaining the back 3+ acres for himself, but may consider selling to me if he feels the "front lot development goes well".