The market continued to deteriorate, I couldn't sell a thing.

The banks don't like my junkers so private has been my little secret to quick turnovers.I want to continue to use my private guys to do commercial deals, so knowing the process you are going through would be very helpful.

I want to continue in the rental business but I want to expand and start doing flips as they become available in my area.

Of course I have my own thoughts on this, which I plan to share as the thread continues, but for now I’d like to here from anyone interested.So, How many bedrooms would you prefer to have in your rentals?

My (NON-CPA) understanding is this:2 years ago, you could:-Write off the up front mortgage insurance premium-Write off the monthly mortgage insurance premium-You were "grandfathered" into these rules if you bought your home using FHA back then, so you can continue to write off the monthly premium-MIP falls off at 78% of LTVUsing FHA today:-Up front premium no longer tax deductible-Monthly MIP no longer tax deductible-MIP NEVER goes away, regardless of LTVAgain, I suggest you consult with a licensed tax advisor to confirm all of this is precisely accurate.

I like the initial approach and just know that it will continue to evolve as you get going.

Also even if none of that was a possibility, healthcare always has been and continues to be available for you to go out and purchase.

I'd say continue going to Law School.

I am continuing to educate myself, I have a website, and am just trying to network as much as I can.

We went out, purchased an REO, updated it, sold it for a pretty hefty profit in about 2 months, got hooked.My education is now continual, there are things I want to move into that I have no clue about, and want to start learning.