You might consider Niche or Specialized Housing like student housing.

DC has a very active one.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Looking forward to participating in the community.

I have been learning a TON on here, participating in the forums a bit, and working my way through the podcasts.

This simple question, and the conversation that followed, made me realize a few things. 1.Not everyone is up for taking risks. 2.Not everyone, no matter their corporate background or how intelligent they are, is cut out to own and/or run a business. 3.Some people seem to be looking for validation of why NOT to pursue their ideas or passions. 4.Some people are perpetual students and never make the leap from knowledge to application.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

FHA has a very specific process-ATP-Authorization To Participate, where they will appraise the property and set the price prior to marketing, and depending upon whether the borrower is current, among other things.

Ask questions, and participate.

You may also consider investing under Roth IRA or Roth Solo 401k, here you are paying taxes upfront, but will never have to pay taxes on any gains or profits.If you use Solo 401k, even though it is retirement account, you still could access your funds up to $50K any time for any reason via Participant Loan feature.And I agree with Guatam that you should investigate other investment options such as notes, etc.Do your due diligence, you've got several things to consider here, but there are surely some good options available to you.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.