While this may seem like a life or an opportunity that everyone wish they had you must know most of the times it doesn't work out and the individual usually loses big time due to lack of knowledge.

Even if the area lacks some screaming good deals, you can make up for it by being nearby and playing on your local knowledge. 2) Identify an out-of-town market you want to be in.

My Title rep was just a new to the assignment process and was a little confused on what to do, and wasn't open in communication about her lack of knowledge until she got with someone more experienced in the firm and we all got it settled and moving forward!

And it is the same for all investments so you can compare apples to apples. where as ROI is skewed depending on how long you held the investment.So the metrics that you need to track is how much money you got back compared to the money you invested or put into the deal, and the time that you have held the investment/property.Most investors I deal with today are seeking 7-8% Cash on Cash returns, and a minimum of 15% IRR.

One of the glaring reasons for this decision is the distinct lack of zeros in my bank account. 

I don't see that a bank would approve of the loan given the lack of employment history related to being a college student.

**The Situation / Questions** Considering his age and lack of any real retirement planning, we're trying to figure out the best course of action going forward.

(that may not be the best idea, but it happens)  The interest balance still looms but the loss mit efforts focus on current payment forward and often times lack a payment plan to deal with past due items.  

And in this area it would be more of a lack of competition.

It certainly seems like just a lack of planning and budgeting to me, but I might be way off.