commercial all mostly depends on the income as in my experiencei have made quite some good profit but lost many as well. however, residential is better since financing is much better. commerical determines on rental coming in AND track record. if you don't have some good quality tentants...finding the loan is difficultthankssunsmicro

There are quite a few guide books that contractors and builders use that you can buy yourself.

I am sure my "newbie" language is probably quite annoying.

And make sure you buy at a big enough discount that you can live almost rent free when its fully occupied, that way your income won't be quite so necessary and can be held for bad months when you have vacancies, etc.

Of course if you just get a quit claim deed then you really dont' have much anyway.

Well, in the short time since becoming a member (although I have to admit I trolled for quite some time), I have started my own L.L.C., established a bank account in the business name, ordered some small advertising products, published a website and basically gone from a total newbie to someone who has the ability to hold a conversation on REI and actually sound like I know what I am talking about!

It might have saved you quite a bit of cash.

You will definitely find quite a few people with a lot interest in real estate here.You just found one for sure, me.

Like you, I have a day job that I find very rewarding and would never quit regardless of the amount of money I make in real estate or other investments.

I don't have a problem going into debt for real estate, but I just don't want all this credit card debt eating up any more of my income.