Hi guys,I am interested in learning everything there is to master the buy and hold real estate strategy.

With the way things are right now, you are almost guaranteed to fail, regardless of whether you go into wholesaling, fix & flips, or buy & hold.From your post, it doesn't seem like you have mastered the art of personal finance.  

I had this REI master plan to, every few years for the next 15 years, save money for a down payment, get bank financing, and then buy an investment property.

I'm thinking master plan, soil. setbacks and variances, utilities if they are already not available at the site for hookup....  

You don't want to be a jack of all trades and a master of none.

Here are 4 going on tonight: 5:30PM FORECLOSURE INVESTORS WEEKLY MEETUP6:00PMEVERETT REIAREIA Master Mind Group MeetingOpen exclusively to REIA Members!

They completely overlooked the 7' ceilings throughout, steep shallow staircase, and minuscule master closets.

I have recently graduated with a master of architecture degree and I am excited to learn and meet people in the real estate industry.

After you master the wholesale game you will be able to move on to the next phase.

Doing the math I figured with a 4 bd home I could rent out each room for about $500, $600 for the master bd, is $2100 gross rent minus the holding costs of utilities, mortgage, cap ex, etc, (1700) = $400 net cash flow (calculating if I didn't live in it, if I did I would be paying out of pocket $100/month to live with 3 other people).