Sadly though too many times in today's society, (prime example being our President), the amount of effort you put into this or other areas of education no longer seems to matter much when it comes to positions of authority.

If you have a buyer who is ready to bring 10k to the table and all of the other numbers work, then it appears you are in a good position.

I've tried to calculate out how long until I can have a decent monthly "salary" from my investments, but it's kind of hard to do that considering that I'm not sure how things will actually pan out as far as having to fix up places, deal with tenants, tax breaks, etc.

If you want to sit out, woudl you be interested in making solid returns on your cash secured by 1st and only position loans on real estate at LTVs no greater than 70%?

In the rental property business, we typically make money through positive cash flow.

Most banks and mortgage companies have free nifty slide-rule type things that include variables such as salary, different types of loans, rates, etc.

We found out who held the note; it had been sold twice and was a non performing, first position note.

Most people in a DEAL like to feel as if they are dealing from the most adventageous position.

First of all, why would you put yourself in a position where u would need a gun to enter a vacant property?

I get positive cash flow starting day 1, and you get to sell the home....win win!!"