I've been renting all of my adult life.

Being around apartments my entire life, and being in the trenches as an owner/manager, gives me a unique way of working with buyers and sellers.

Oh- Also, I tried putting off the closing date for this property until July, however, since it is a short sale at the end of its life, the bank states it will go into foreclosure if we don't close before the end of June.

Getting into a large project, nothing is small and the losses can be life changing, but so can the gains!     

I always loved my sister growing up, and saying that I can say the largest mistake I ever made in my life was purchasing my house with my sister when I was young.

On just 3 blocks :)  when life gives you lemons, right?

I just want to learn real estate so I can become successful in life

So, to answer your question - the minimum life-style is covered by cash flow.

It's not frugal or smart), I enjoy all the modern amenities in life (I eat out a couple times a month using Groupon or other deals), I have a newer Ford Focus in mind condition (yes we are a 1 car family!)

I'm not sure I can use you full time but you are free to hang out in the glamorous life of us REIs as situations come up such as walking rehabs and going on purchase appointments.