Another concern of mine is having the loan in our names is regarding record/book keeping for taxes.

Reading 2 books made me take the leap into REI when the value of my primary residence wasn't there; I decided to hold onto her and rent her out because I didn't want to sell for a loss in 1997.

In his book "Wealth Protection Secrets of a Millionaire Real Estate Investor" William Bronchick describes this strategy.

What would make it a "go" in your book?

I have read many of his books and feel they are very good.

A friend of mine introduced me to a few REI books and my interest started to peak.

If the answers to these questions are too complicated, just tell me what book I should go stick my head in.

Now talk about damage - here's a guy who now doesn't want to pay us our fee.I could write a book on people like this!

The forum titles and the descriptions provide some ideas of the different ways people invest.You can also find many books on almost every variation.There is no rush to pick one specific model.

I don't know a ton about real estate investing but I've read a few books (Kyowsaki, Robert Allen, & personal finance books) and am excited to get started.