However I would like to continue operating the property-management side of the business.

If you just did this work full time as a contractor on other people's properties I think you could make way more then the $40 profit in 2 years (+ free living while you do it).Or continue to do flips but oversee the work on yours and several properties at once and leverage that skill into more profit.Just food for thought as to how you can take that passion and skill that you have and make it work for you even more.

My approach has been and will continue to be a buy and hold strategy spanning core and value added investment approaches.I found BP through Brandon's website Real Estate In Your Twenties (great site Brandon), which I visited while searching for REI book reviews.I'm looking forward to contributing to the community and tapping the wealth of knowledge offered up on the site.Paul

Amie, to your question about investing out of state, being that you already have the properties there, I see nothing wrong with continuing to invest in that area.

I’d continue saving while working on my credit.

Hopefully the trend continues.

If I've miseed a previous forum on this topic please direct me to it as I couldn't easily find it.My situation is that I have a rental property which I've purchased for cash and wish to continue holding.

But as I keep reading, I continually get excited over the possibilities. :] I'm not looking for anything quick and easy.

Even accepting late fees is a just another way to allow people to continue to treat their rent and their landlord as a somewhat negotiable creditor.

Sergio -The bank will typically continue to take offers until you have a fully executed contract, meaning all documents have been signed by both parties.