Or Santa Monica or San Diego.Meant to add this: Cash flow = collected rent less all actual expenses less debt service.

Develop your monthly budget and determine how much you need to generate each month in order to survive.This is a start, but I think from this you can understand it is far more serious than to say "Rack up Debt" on your credit cards while hoping you actually like what this business has to offer.

My goal is to learn different arenas of real estate investing and apply that knowledge to obtain financial independence. i intend to start out wholesaling properties part time for the next few years to build up income, pay off debts and help restore my credit.

Horton, Meritage, Richmond American), unfortunatly too many eggs in one basket, but I've regrouped and things are pretty good right now, still could'nt stop a foreclosure on my primary residence, no work and massive medical bills is a bad combo :violin: .So for now I'm lurking, no more bills, debt free and getting ready for action.

To combine a retail price with a high LTV (Loan to value) could be a disaster.I'm surprised none of the many cash flow junkies haven't responded to your post.

Can you afford to carry the debt service if the AA tenant hits hard economic times and files bankruptcy?

If their reaffirming the debt or letting home go.

The industrial age and WWII combined with today's market conditions have been providing us with some great gifts.

Buying 60 single family homes for 2 million with a combined appraisal of all properties adding up to 4.5 million.

Short Pay Offs are complete in most types of debt vehicles.