My ultimate goal in real estate is to become financially independent (by replacing my current income) so that I can dedicate my efforts to investing full time.

Genuine question, not wanting to hijack the thread, but why do you guys think mailing to lists is a good way or the best way to get leads??

You can make your dream a reality but it takes a lot of effort and energy on your part, and you probably will see a whole lot of money go out before you start seeing anything come in.

I'm coming to the conclusion that anything under $100k is not worth the trouble as you will spend the same amount of effort as if you were working on higher priced homes.

I am willing to put in the hours, energy, and effort into building a business out of Real Estate and thought it would be smart to learn as much as possible before getting started.

Again, similar to IT, some folks are only in it for "the money", very little actual experience and are always looking for the quick answer so they don't have to put forth the effort.

If you bring the deal, and it's a genuine deal, you should have no problem finding someone to partner with you and give you a slice of the deal in place of an assignment fee.

Can you guys define what they are and at what juncture in the "Cooperative Assignment" processed will they be utilized.Also, if process is done correctly, and to the satisfaction of "Tenant Seller" and "Tenant Buyer"...A Win Win...at what point can I bank my earnings for time and effort for putting deal together?

Collect-ability can be can be diminished if collection efforts over time did not persist.  

There is too much unknown predicting the future and is much safer to look at the market and the numbers in the deal as they stand today IMO.Also, no matter how good the future potential for growth is or even the current numbers if the team you surround yourself with are not genuine and are shady, it is obvious that the investment won't be a success.Those are the 2 main things that I look for when investing.1) The team2) The current numbersThanks for reading and all the best moving forward.