There are of course other important things to look out for, but I think the most important thing is to see if you're actually ready.There is a HUGE emotional aspect to investing that most people forget about when they think it is time to start investing.

I recently ran across course that you should check out.

There's also a house on the golf course in our community for $114K, weird looking exterior, single car garage and fairly small.

I've always waited for the 'perfect' opportunity, but of course the 'perfect' anything never comes, lol.

Also, there seems to be alot of "schools" on the net that offer courses to obtain a license but don't seem to reliable.

Of course, paying your credit cards on time (or any credit account on time) is the true key.

Of course you can also say that the tenant/buyer is responsible for all repairs.

Yes you need to take into consideration the cost of the home, the interest rate of the loan, the length of the loan and of course extra fees associated with closing.

But to do so you'll either have to do it behind the bank's back (in which case the LLC doesn't really have clear title to the property and you could still lose it in your lawsuit), or you'll have to refinance with a bank...which of course the bank won't do unless the LLC has credit, cash, or assets.

[/list:u]Of course, there are many other factors, but the above should give you a start.Deborah