I’ve been interested in RE investing for several years, as I’ve found that I’m good at digging up opportunities and closing, and I enjoy crunching numbers and analyzing problems.I’m interested in meeting people who have set up private money / private equity deals in the past, especially if it involved single-family residential buy-and-hold strategy.I’m also looking at pulling the trigger on the local Lifestyles Unlimited seminar, because I have a lot to learn, and also because I want access to what Lifestyles considers “best practices” in what will be my market.I’m happy to hear all sides of any idea and my hobbies include playing devil’s advocate and drumming at my local church.

@Mindy Jensen I'm not seeing this episode listed in Google play.

Hopefully the seller wants to play ball because I offered $23k below list. 

So correct me if I'm wrong but what does anyone have to be scared of if the following conditions apply in a meltdown1. youre locked into a 30 year conventional or 7 year commercial loan and the banks cannot re-appraise or call in full your loan as long as mortgages are being paid  per the closing docs2. your rents can take 25-35% cut and still break even on all mortages, taxes, and insurance3. you live in a populated and buzzing area where demand has always been heavy and unless a bomb dropped on it (yay insurance) you shouldn't have trouble finding renters4. downturn --> people lose jobs and homes or try to downsize and  turn to renting  (good thing). 5. have solid tenants that have older co-signers (parents, guardians)Am I missing something that the banks can still do to me even if I'm paying my debts on time?

@David Simon I haven't tried using those sites for comps but I use Zillow and put "Recently sold" then play with the filters to get something close to the house I'm looking for.

If I can play that game online, I'm all for it!

Or, they can demand a higher security.

I’ve been tip towing and playing cautiously for far too long.

They just want a spot to play video games and get drunk 

With the university and Little Italy it provides a strong demand from students, residents, and say young professional looking to have a close commute to the loop.