When it comes to the investor psychology...ya gotta be in it to win it!

I once read that it's also not wise to take financial advice from someone who makes less than you do, though, I tend to sometimes disagree. In...

Basically I never really involved myself with financial... anything!

Basically, in a nutshell... what should I do about a collection on my credit report that is 6 years old?

So basically if I can invest in LA, I would have but at this moment there is just no way I am going to take on such a big gamble on a slowing market.

Basically, I want to rent property.

I may not be explaining this very well, but I am basically afraid of capping myself out credit wise that I will not be approved to buy more investments and that is the whole goal.

So do I basically network other investors to get them interested in deals and I become the deal maker?

That's a profit to the investor of $40,000 with basically no work.I haven't done this, so maybe someone can tell me if I'm way off, but I've spent thousands on education and this seems to be the general concensus for these types of deals.

So pretty much now its the end of the rope there, and the hype people are still talking about basically they are just stuck holding the bucket.

Depending on the county and whether your state is a non disclosure state, but go to the county Central appraisal district, search by address or owner name and it should give you assessed value, owner, last sapes date and price etc.