If the property is destroyed for any reason, they likely will not let you re-build in the same place, which could affect the size of what can be re-built.

I did have one $30k profit day but it was a bit of an anomaly and chances are, realistically, it won't repeat itself.

"The solutions" never seem to have the desired affect.

It's also indicated that such deals can be the sell, finance, foreclose, rinse and repeat scam which is a real good definition for predatory lending.

Think about things like interest rates and what happens when they move, gas prices and how an increase in price might squeeze your tenants if you a buy a property where most of them have a long commute, and the power of the dollar and how it affects foreign investments in places like LA/OC where many International investors are scooping up property at a rapid clip.

@Jerone Hammond send me over your contact information, we can talk, find out where you are and just see if I can be of give you any guidance,,I don't know it all, but I've made a lot of mistakes I know not to repeat!

I can send 50,000 postcards in 15 minutes and get much better results (if I had the money to do it repeatedly ;)If you want to do door knocking or cold calling, the % is going to be much higher to reach the volume of calls needed.

Whether they will admit it or not, people who want to interact with you will be negatively affected by a grammatically error filled profile.I'm not saying you should have the world's best write up, I'm just saying that it would be very beneficial if you didn't have any grammatical errors in your profile.

I'll repeat "good luck".

People seem to relax when I mention that I am not an agent and am merely an investor looking for my next property - whether it affects my ability to close a deal or not in reality it is tough to say.What do you think the benefits of getting your license will be?