@Ryan Jackson, I'm capped out at E-6 due to manning, and losing my airframe soon (new jet coming eliminates the Flight Engineer position), so big changes are coming for me regardless of whether I want them.I'm coming to the conclusion that nothing will change until I pick the right 6 numbers on a Lotto ticket, or I pack up and move.Again, appreciate the welcome.  

@Josh SchoberAlso if any big ticket items (roof, furnace, H20 heaters, plumbing, electrical) are at or near the end of their useful life, I add in the cost for that in the upfront cash I will need, even if I think I can get a year or two more out of it.

The small multifamily property I'm looking for will need to be financed with an FHA or FHA 203k loan of no more than $500k, be located near a train station, be within two hours of Manhattan, and preferably have opportunity to add forced equity.Thanks,Chris

I know dozens of people and have heard of thousands that rarely accomplish much after attending training pitches.

For 7-10% of the monthly gross rent ($70-120 per unit) the manager isn't going to waste precious time training the residents to understand better to prevent rule violations.

They are on commission onlyWhen you talk to the owner of the auction company, let them know that you are actively involved in real estate and would they consider hiring you on a part time bases and pay you a commission for every transaction you bring them.Make sure you have something in writing as to the amount they will pay you.Ask if you can become an auctioneer associate, ask if they will train you and if you can your their facilities to help get leadsMy auctioneer associate's average earnings is about $90,000 a yearUse the Control and Roll system to increase your income.......that is control a property at a price that you feel you can sell for more, put it up for auction (while working for the auction company) and sell it for more, ( Example: your contract offer ----with special clauses and disclosures---is for $100,000, you book the property with your auction company and sell it at auction for $115,000, you make $15,000 equity plus 25% of the buyers premium commission paid to you form the auction company. 

At closing, one option I would suggest running by the CPA is the option of having an interest only note that balloons in two years (  preferably structured closer to year-end ) with a prepayment penalty equal to that of the gain as there is some very interesting things you can do if a note is structured that way in this ticket or scenario.  

Use it as a stepping stone and the beginning of your "on the job training".You can pm me your zip code and I'll check out some properties in your area and run numbers and I can run through scenario is for you and financing/rent options. 

With access to more than 100 properties and in an entrepreneurship training program I was directed to do research and every time I was guided to BiggerPockets and was impressed with all the information and how free and engaging everyone was so I decided to join and am looking at the Pro status  I love what I do and have loved it since training with the union as one of the first women to be accepted into the Chicago Chapter of the Painters and Decorators Union.  

I am determined to become financially independent and know real estate is the ticket.