Since I keep thinking about it regardless of how many times people tell me that it's risky and hard to do, I feel that real estate has enough appeal to me that I can use to push through challenges that I'll face.Every time I mentioned real estate to anyone around me, I got only warnings and negativity, especially considering my age.

You need to ferret out the negative feedback.

Here are some startling statistics.

Without running the numbers, I can tell you this: It will take a lot longer starting from now and 25K than starting from 5 years from now and 25K plus 200K from that extra income of 100K over your current 60K plus whatever else you are saving.I haven't seen statistics, but the overwhelming trend that I personally see is that *most* people making good money in real estate are people with high earning day jobs.

If anything it will be negative in that you will reduce your interest expense and therefore your deduction that you could take.

Statistically they are, as most liability claims are under these amounts.

Take what you perceive as a negative your age and make it a positive.

So here's the conundrum for a novice - being the type A personality I am and wanting to learn (and, honestly, control) as much as I can about this "deal" my first instinct is not to "bug" local investors about it because (a) I want to add value to what I can present, (b) I want to know as much as I can before I put this before someone, (c) I want to control this in some fashion before putting it before someone since i'd be doing a lot of up front with the seller and learning as much as I can about the property, (d) I don't want to waste an investor's time because I don't want that reputation to follow me as I evolve with this business.But it's like I can't get the outline or roadmap on how to start (with the land, for instance) without going to someone who's been there, done that and effectively negating points a to d.If YOU were pursuing this based on what I outlined, what would be the FIRST thing you'd do?

Why exactly would you want the negative equity?

I didn't even know there was a negative perception out there.