In order to be effective you have to have practical, relevant experience in the same kind of real estate investing as those you plan on teaching.

I also heard that I could possibly do find deals online in other states is this possible or even a good idea.

I'm currently researching areas that would work for SFH rentals.One thing I've been doing is looking up deals online (mostly REO/fixer uppers) and then making fake Craigslist ads advertising the property to see what sort of response I get and what rental rates people seem open to.

Could not seem to obtain this info online.....Thanks!

There is a little known precedence regarding predatory lending practices that could allow you, under law, to stay in your property and seek restitution in the form lost equity.

Ah well...These are times when I need to practice being grateful that I am able to pay increased taxes to help those irresponsible people out.

80/20 loans were common practice during the bubble. 100% financing by taking two separate mortgages.

In practice, if maybe we could buy the property in the $540s, raise the rent throughout Febuary and March for 3 of the tenants, increasing gross profit by $600, and myself move into the 4th unit with a roomate paying roughly $500.

Please be careful when you're buying properties on line or from seminars.

I guess it just takes patience, something I need to practice.