Examples include the Students from Wayne State University and College for Creative Studies that have turned Mid-Town Detroit into something not unlike 1980's Brooklynn.

You definitely have the right idea, studying and learning as much as possible.

I don't believe that the exchange between all parties involved has to be win lose; or only available until one party can get their act together.I completely agree with that.But, having studied economics, I recognize that inefficiencies in a market will create better opportunities than a perfectly efficient market.

there are only 24 hours in a day --first you need a well thought out Business Plan -- supply and demand as well as appreciation study for new area-- if homes are selling cheap and rent is high --may not be long before you have competition --Several ways-- Have an LLC and go Private Placement offering--to rasie $1.0 million --and buy 10 to 20 houses in one year---or even six months --if you are aggressive and have foreclosures or fixer uppers available in area- 25K per building ( hosue) - may not be enough and too much paperwork -- too slow process-You need to decide how much your time is worth -what can you make as salary -full time -minimum $80,000 per year - subtract all expenses --car -mileage , meals etc --then project profit and offer 50 % of profit -- alsoneed to consider income taxes --deprecition as well as capital gaines tax--need to run projections over five years -- how many houses will you buy and how long will you keep ?

That means that while rehabbing is still a very viable strategy, it's higher risk.All that said, rehabbing isn't rocket science, and I'm guessing that with some study and hard work, you can probably still be successful doing it in many markets...

I want to clarify something here: When I asked if there were any Trump-wannabees here, I meant absolutely nothing disrespectful to either Donald Trump or anyone that studies him/follows him/wants to build an empire like his.

Those who have a desire and motivation to get into REI and accept the fact that it will take a lot of study and hard work to be successful;2.

Anyone have a study method they'd like to share?

I think the way that you have went about studying is superior with the booklet of questions.

I've read and study alot about investing on my own.