But let me throw in a different point of view.As a real estate broker, I can't even tell you how many investors I've met with and helped who had NO IDEA WHAT THEY WERE TALKING ABOUT!!!

Throw in some rentals after awhile then look into commercial.Hopefully I get some feedback from people who have taken this route and could lend some advice.

In that book they say if your turn over rate is shorter than this then the turnovers are costing you too much and if they're longer than this then your rents are to low and you are throwing money away.However when I get a good tenant I will gladly keep them a little bit below market just to keep them.

It's easy to read and they have live help on the phone.Their criminal background check is worth the money and they've dug up things that the applicant swore had been expunged.You have to go thrrough a security background check and an office inspection; nothing hard about it.Credit reports come up instantly on-line.

You can write 60 days, or 6 months if you want.To wholesale you do not need to secure a loan incase you cant find a buyer.

What you are looking for is the security of employment with the rewards of entrepreneurship.

I know this has been posted for a while, but if you're still waiting for some information I'd be happy to throw in what 2 cents I can muster.

I also bought every one of those properties at a BIG (huge) discount, making the LTV very low and the bank's security very high.

Take that into consideration before you throw down those benjamins!

When purchasing a multi family.....what happens to the security deposits that they paid the previous owner?