are you by any chance from south fla. it would be fun to comare notes and maybe even share a deal with a contemporary.

Since the rent is higher, chances are you can bargain with a property manager and drop the fees to 5-8% vs the 10% minimum they would require on a lower rent home (LA home would yield $150/mo income for the property manager at 5% and only $100/mo income for the manager of the Texas home but same amount of work).

Hey I have a chance to attend one of those "FREE" Rich Dad training classes tomorrow.

:zzz:I feel the exact same way :clap: I did not come across real estate investing by chance, it was definitely a calling for me, so I'm excited!!!

But chances are likely you'll never have to worry about that.

Better that you stick to your desk job until your like 80 and never take a chance in life and never get anywhere.

Always interested in talking shop with those active in the Kansas City Market... if you get a chance, hit me up on a PM.

that should double your chances of making money, instead of relying on the iraqi's to unf@%k themselves.

Then, you might be ready to buy something and have a reasonable chance of success.Good Luck,Mike

Chances are you'll have it for a hand full of years, by then it will have gone up in value and you'll have found another even better investment and you'll cash out to leverage the money into something even better.