As I mentioned earlier, it has to be of a serious nature.

Its generally a little bit higher than natural gas because NG is piped in and not hauled in.

Naturally, he won and I was more than happy to pay it.

@Joe Kim I'm frugal by nature, just as it sounds like you are.  

So for the past month or so I've been listening to Mark Podolski talk about the beauty of land investing, which got me fascinated.He talks about direct mailing and things of that nature to find buyers, but where do you go to find these addresses to mail to? 

There were pros and a lot of cons, I admit I did not educate myself before renting, therefore, I got first hand experience of the do's and don'ts of the business, which was very informative and helped me understand the nature of the business from screening tenants, training tenants, creating systems, etc.  

But the passive nature of mortgage lending has always intrigued me and that's why note investing sounds so interesting.

Personally, knowing the market and having good contacts is very important - and as @Victor N. said you must buy right here as I would not count on natural appreciation making your deal a home run. 

Understand that the main allure (human nature really) is always to start making $ as soon as possible, taking whatever shortcut you can take. 

Naturally, I looked into getting a duplex.