I currently work in the golf industry where I was planning on attending a university to get a turf degree when I was introduced to investing.

Figure out a way to get going so you dont miss the market swing thats coming...

I think you're right about having finances in order, it was more of just a timing thing because I/we weren't looking that seriously and all of a sudden this slick deal showed up.We actually knew exactly what we could afford and swing for a down payment using FHA.

Even though we're being beat, we're still so excited we are swinging the bat. 

If the tennis court, golf course, go-cart track, pool room, theatre, concerts or extracurricular sex are more interesting -- then strive to be the best at one of those and forget real estate millions.

Personally, as a realtor working everyday with cell phone apps that connect me to my clients even when on the golf course, and being active in the market by timely update alerts.

I often complete valuations of location-dependent Real Estate businesses (golf courses, etc). 

Hi everyone,Since we are very new to the real estate investing world, I need advise.if you would have 2 options:Option 1Get a duplex, no appreciation but good residual income – 15% cap rate, in a C- neighborhood – price $170 - Asbury Park AreaOption 2Get SFR, good neighborhood, waterfront, almost no rehabbing costs, appreciation value, 7% cap rate, - price $170 - Perth Amboy AreaWHAT WOULD YOU PICKMy financial adviser said that i can swing this without FHA loan by putting 50K down.

Putting that wealthfront money into a property could be just your form of diversification or reducing your exposure to the market swings.  

If you can swing it, buy something one has.