I'm not in a position where I "need" to go back to work....but I am kind of bored and I've always been involved in community projects, scouting leader, coast guard auxilliary, pheasants forever, etc....

There are several that are really designed to help new landlords and bridges the gap between "I'm totally new and have no idea what to do" and giving away the majority of your cash flows to a property management company.BP has a page that shows reviews and gives you some options to consider (my company is one of them, but each on BP's list is good and offers something different).http://www.biggerpockets.com/online-property-management-software.htmlMy estimate is that there are now around 100,000 small landlords using this kind of software to get started.

I feel like I'm just kind of floating in a vast ocean of information at the moment.

you mean 250K and Ill pay cash and we can close in a week or two.These and all of you are my kind of people. :):):)Welcome :):):):)

Since 2004, annual returns averaged around 8 percent and ranged from 7.3 percent to 9 percent, but last decade returns were typically in the low-double digits, the investor said.The fund told investors it followed a "split strike conversion" strategy, which entailed owning stock and buying and selling options to limit downside risk, said the investor, who requested anonymity.Jon Najarian, an acquaintance of Madoff who has traded options for decades, said "Many of us questioned how that strategy could generate those kinds of returns so consistently."

Doesn't giving a gift expecting something in return kind of defeat the purpose?

I was the only one that had any kind of construction experience at all.

I told her I am looking at low income areas to get these kinds of cash flows.This Realtor went on to tell me I am pretty much retarded for using this strategy (50 percent rule).

I'm kind of in the same pickle, and don't see much alternative to something painful.

What kind of statements do you need to present – tax returns or more detailed pro forma statements.