A complete list of pros and cons would ultimately be determined on how much time you have, capital you have to invest with, and your desired exit strategy.

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Finally -be sure to setup some keyword alerts - especially for "Albuquerque" so you can jump into local conversations.See you around the forums!

Warren Buffet's first rule of investing is Don't Lose Money.If you haven't already done so, I'd recommend reading the BP Ultimate Beginners Guide to Real Estate Investing.Good luck!

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.

Training and support are big considerations.If the meetings are a few weeks away call the club president and several vendors.Check out a good readThe Real Estate Agent’s Ultimate Guide to Working with Investors http://www.biggerpockets.com/renewsblog/2013/08/24/real-estate-agents-working-with-investors/Good luckPaul

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also-be sure to setup some keyword alerts - especially for "Phoenix" so you can jump into local conversations.See you around the forums!

What ultimately happened is the attorneys went back and forth and a much smaller amount was settled on and a payment plan was worked out over a period of time.

My wife is still active duty and nearing retirement, and is much more risk averse than I am, so that is one hurdle I am struggling with (any advice would be appreciated).I've read the "Ultimate Beginner's Guide" and found a wealth of knowledge, as well as Getting Started at BP.

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Below are some of the resources here many are things you already know.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.