Thank you for your advice and support. 

I have personally considered doing this in one area of my city, simply because the rents support it.

My wife and I are new to BP and the real estate investing world. we recently bought our first home, and we are looking to build our portfolio.we have no money no credit and we have been reading on bp about low money/no money should not stop us. we like the idea of flipping homes and holding after a couple of flips under our belts. also we like the abandon/distressed homes in our target areas and our plan is to send them yellow letter and seeing what happens from there. thank you for all your support and advice in advance.

Bogle:  I don't support his HFT endorsement and don't like he avoids international exposure.

You might consider doing a flip or three to build up the capital to support rentals.

Thanks for the support ChaimIs there a local REA that you know of ?

Averill, I am a sales agent for Keller Williams and one of the many benefits of using Keller Williams is that we have a team of legal professionals to support our transactions.

I appreciate all the support. 

Also what is the market for more updated apartments, is the average income level in NB able to support a $1000/month rental.

The spirit of sharing and support is contagious.