I would love to get going as soon as possible but i just do not know how, so i am going to be reading books to try and learn the ropes.i greatly understand that learning first hand is like no other teaching i could have so i definately want to do this before college. i actually wanted tobuy an acre of commercial land now and put 10-20 self storage units on it, and run that while i was in college, just for the experience as long as i didnt lose money, atleast not a great amount. my dad however wont help me do this, and i dont know how to do it on my own.i am applying for my first credit card next weekend, so i can start building credit.

So I figure I have to do this my self.

Also you will lose your "annual increase in assessment" cap when it ceases to be your homestead.Your last line says it all: My other concern is that keeping this as a rental forces me to buy the new house with an 80/20.

Almost all successful people are self-motivated.Good Luck,

I was never kicked off, it was self-exile.

Now I'm 25, self-employed as a real estate agent, have a four family building and my own home now, and am chomping at the bit to do my second rehab.

Hawaii and other states that command high rents per sq foot should naturally have the lowest % of gross rents going to maintenance.Another reason why our operating cost may be low is our very low property tax rate - 0.4% of assessed value annual.

In practice, however, the self-interests of the cherry picking few are in conflict with the folks who simply want to get back on track and save their homes.

And the first place to start is your home's assessment.

Theorectically any time you buy or sell a house you could be involved with a lawsuit, but to say oh don't buy houses because you could end up in court if so and so happens just is not practical advice.I have never heard of someone refusing to sell when there is an option, and not that it isn't something to process, but to conclude that sandwich options are a VERY RISKY investment because of this possibility seems kind of unfounded.There are risks involved with all investments and adequately and accurately assessing those risks versus the rewards is key to success in any endeavor.