I couldn't keep track of who all the players are.....a relative who is the tennant, makes decisions on whether or not there is a sale, has bad credit but will pay a premium in 6 months?

, and of course don't become so mentally invested in it that you are reluctant to change it or even completely scrap it and rework it as you learn more.The other tip I have is to be smart with your money in life, and make sure your brain always makes the decisions and not your emotions.

I have 17 with number 18 just put under contract.My first 8 or so were either fringe areas or houses in poor condition.Those 8 are about 3 times the trouble the last 9 are whenI was able to switch over to better product (areas, house layouts, and my rehab levels).From the sounds of it, you were much smarter than I when you started and limited yourself to the nicer areas and better houses.I'm doing 17 now and its running extremely smooth.

If you had $8000, but poor credit, what would your REI strategy be?

It is not meant to be a go / no-go decision making tool.

I understand the importance of getting to my local REIA club and reading as much material as I can, but for a some who is at a stage where I am heading toward a four year degree in both Finance and Accounting what would any suggest I (or anyone who has recently read Rich Dad Poor Dad :)) consider doing so that I am fully equipped for REI once I leave college.Some Background: I currently live in New Orleans.

It        was my decision on when to resale the property.

I have a broad sales background, however minimal real estate experience besides owning multiple personal residences over the years.My wife recently completed the book Rich Dad Poor Dad, which has now dominoed into the last two weeks of endless research and studying.

Removing it is simply torture for me, which is why I have removed myself from that task, I feel like I added 10 years onto my life by making that decision.

And JUST started my educational journey in mid-January 2013 when my wife gave birth to our twin girls :) Our family, our future, and our time became a driving force behind why I have made the decision to pursue creating assets through real estate.My experience is in Marketing, Brand Management, and Digital Education/Communications.