So Nursing was a no-brainer for me when I decided to reevaluate my path in life.

Tell them what's going on in your life. 

Yes I admit again I have not made a "dime in real estate;" but I find it funny that where I am at in my life is far beyond where you will ever be.

I am from that area and lived in Lexington and vicinity 1/2 my life.  

(auburn hills area) I obviously don't want the $5 houses, those area scary places and I value my life.

(ability of the buyer pool to qualify and service debt) Money can be made in any market...it just takes much longer and requires creativity and diligence to identify the opportunities in mature market cycles...in addition to sticking to your financial model...without getting emotionally involved, which results in over paying for deals.

I intend on pursuing real estate for life and maybe getting my mba later on.With this new found free time I'm going to have soon I decided to give myself a project/goal/ ultimatum.

Let's look at the rates and differences and what I'm trying to make my decision on:FHA 3.75% interest3.5% down.PMI through the life of the loan.Higher insurance premiums.A little higher mortgage payment.Conventional fixed rate4.25%5% down.PMI drops at 20% loan to value.Lower insurance (me and the lender calculated nearly $100 month difference roughly)Slightly lower mortgage payment.Now with this information I was provided the conventional is a no brainer as over the long term and beginning costs are less. 5% down is my max for down payment I can do in order to cover all other fees to seal the deal.

@Trevor Fritz , A good rule of thumb to follow in real estate investing, as in life.

Studied in  psychology ,was on the football team Went to conference championship in 2007 . that was my old life ..now I'm currently into real estate , I have several properties that I have placed in trust.