Tim:If you write an ebook I'll buy one.Or here's another angle: establish a storefront business, write the ebook and expand it into a How-To Manual, and then SELL IT ON TV.Just picture yourself on a late-night infomercial, sitting on your yacht, and sipping some Dom while you extol the virtues of easy riches.

ANYONE THAT IS COUNTING ON FUTURE APPRECIATION is taking a HUGE GAMBLE!

But those occupations all require training classes, licensing, and employment agreements with established institutions in order to get started.Now, maybe it’s just because many don’t understand that the word “broker†has several common definitions.

I think I'm with Luis here, I'm very uncomfortable gambling on future tax rates and the future structure of the tax code, and it is a gamble, make no mistake.

Thus, in my opinion the main reason to buy is for the CF, but there are others:RE is the only investment vehicle I know of that benefits from Leverage, meaning that we can control $100,000 with a down-payment of $30,000, or $20,000, or $5,000, or even $0 if we are very creative (welcome to my life :).RE is an inefficient market, meaning that we can negotiate deals that are infinitely better than the market-established value.

I'm just having a difficult time finding the hard and private money in order to establish real estate investing.

Do you care about establishing a credible business?

It just costs legal fees.I have an LLC where I was raising angel investor money and ran into a few folks who wanted to change it to an S-Corp because case law is more established in terms of payouts and equity/ownership.

Your post suggests that your rental property will cash flow even when the numbers say it won't, because:[x] You think cash flow is anything left over after the mortgage payment[ ] Your market is different[x] You expect costs to be lower than established estimates from experienced investors[ ] Your seller/realtor/wholesaler/mother/dentist said it was a good deal[ ] You are banking on appreciation/tax benefits/accidental rent overpayment/lottery[ ] You are planning on making a large down payment[ ] You are willing to take a loss now for tenant-subsidized mortgage paydown[ ] You learned a new technique and it only cost you $2k to learn from guru #593557You are wrong.

I assume without question, the smart answer is to establish a legal entity in which to buy property to afford a level of protection.