I graduated with honors from college with a business degree that emphasized real estate.  

Jay Hinrichs , I can understand that, Austin is the same way.I was speaking more in broad terms for those reading, and to emphasize that, yes, there may be legal complications if you make a pattern of it.

I graduated from college with a business degree that emphasized real estate.  

The podcast I was listening to today (33 I think with Sam Craven) was talking about pay per click and Google ad words and they extra emphasized the importance of putting a daily limit on the amount of money you're willing to spend.

Just saying that is how I'd feel as a prospective tenant.But, with all that said, I will emphasize that is how I would feel. 

The reason I emphasize the difference in margins is because this concept would apply to other VR management companies, but they can charge up to 40% or more of gross revenues - that eats up your cash flow very quickly.

Just to emphasize my situation is I already have a steady job with the military and will receive  a pension when I retire.

Great information, they emphasize 50% of a great deal is better than 0% of no deal.

I'm currently reading the "Four-Hour Workweek" and this topic is heavily emphasized, so I am curious as well to hear others experiences. 

One of the folks I met at the Williamson Co. meetup really emphasized that the only way to find deals in this market is to get ahead of the MLS or work through a reliable wholesaler.