That may guide your decision more than anything.

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check 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.

So, making money now would be nice, but helping this family and gaining some real life knowledge is equally valuable right now.Thanks for reading!

Finding a local mentor would be more valuable (it normally isn't free for a good mentor but it also isn't expensive).

So I guess I'll see over the long term how good they are to work with and maybe I can guide someone else accordingly.

I recommend that you read through their Ultimate Beginners guide.

Well he said he specifically applies it towards the security deposit, but what line item on the move in funds it goes to I guess is irrelevant.Where I'm getting my info on the earnest money deposit is most specifically from the following blog post: http://petriestocking.com/blog/landlord-tenant/ear...And more specifically page 6 of the landlord tenant guide: http://datcp.wi.gov/uploads/Consumer/pdf/LT-LandlordTenant2014Guide497.pdf

You can start with the course on the Ultimate Beginner's Guide.

Can't wait to start meeting new friends and possibly developing some valuable relationships!

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