Once you understand that money isn't a noun...it's a verb, you will be on the road to success.  

I don't do anything with TK but just thought I'd add , most seem to get a rehabbed place on the front end but when you sell 8 years down the road , that pitch isn't there to the next buyer ......

The operating agreement is the road map for the entity.  

I just don't want to be "stuck" with a home in a location that may not attract renters down the road at a later point in time.

I don't think mine will be going to college on my dime until she has been out in the world a couple of years figuring out what her passion is and actually starting on some of the roads she might want to go further down.

I try to stay in a 7 block radius ( about a mile), sometimes that will extend or contract in one or more directions from the property if there are major roads, freeways, etc...  

Most of the ones I see on the road are taken up by the city within a day or two.

There are many roads that can get you to your goals.

Scenario 1: I fix up the house for $10k and sell it for $125k 2 years down the road. 

I'm new to the real estate investment realm, and the success stories on the site are pretty impressive. Something I'd be curious to hear more about are the "failures" or mistakes other investors have made. I think we ...