With all intentions to start a REI Career, i have decided to take, maybe the longer but more involved road by getting my salesperson license.

We do however have 40-50k liquid.We both strongly agree REI is the road we wish to journey down.Is this practical for us?

Good credit will be one of your most important tools down the road.

If for some reason you cannot sell a house & need to rent it , a large amount of debt could lower your credit scores & affect the percentage rate a lender will give you, so watch your debt ratio.From one newbie to another - Look down the road at ALL possiblities & be prepared.

A bit of expense upfront is well worth a bigger expense if there are troubles down the road.

Hopefully I am on the right road , I have located an area that I will be investing in , I will be buying a property for cash and doing extensive rehab work to it.

I logged <500 miles on my road bike last summer and didn't compete any du/triathlons or ultramarathons in 2013.

You make 100% ROI plus whatever you make on investment choices above and beyond that, tax free until withdrawn or converted down the road.

Home surrounding the property are all very well kept with mostly updated exteriors, clean lots, clear roads, and well developed landscaping.

I know Chesapeake is drilling a well about 5 miles up the road from the property, if that well produces 15 million cubic feet per day or more, they should start buying leases in the area again.