Good to see you DON'T want to commit mortgage fraud - which not living there would be.Aah, the impatience of youth.

It's a huge commitment and luckily my parents would be willing to let me slowly work into it but both of your replies made it seem a little more reasonable and it seems crazy to pass up such a great opportunity.

If your accountant is suggesting an s-corp to hold rentals and passive activities they could very well be committing malpractice.You run into major basis issues inside of a corporation that you don't have holding through a single member LLC that is not taxed as a corp.

I want to meet more people in the areas I plan to invest before jumping into any commitments.

Hi Bernard, it's great to see your commitment to learning from others.

No one answer but I think you need to be committed.

Before I commit to anything I'll be getting my own inspection, appraisal, etc. 

I would make sure I have a commitment for financing from some lender, before I spend any money.

If the appraisal is good, once the title search comes back and the underwriter is finished asking a million questions, you'll potentially get a preliminary loan commitment.

How do I train myself in these skills when Im unable to fully commit to a deal of my own?