That said I also would love to not sink so much cash into one asset where it will be tied up, both to allow for another investment down the line, and for general security of having more cash accessible.

If you call up a big corp and securities attorney in your area, you may get similar responses...from no response to, 'well i guess you gotta start somewhere' with no indication that they wanted to waste their time on a peanut fund.

Jon Holdman how are you able to get someone to give you 1 month's security deposit & 1st month's rent ahead of time?

If the tenant is on the cusp increase the security deposit and be direct with them about your intentions on receiving the rent on time.

I don't want to babysit all the time but do plan on periodically checking on them in person or through the security cameras i installed. 4.

This has allowed me to make very high returns and, in my opinion, they are safe, secure, and guaranteed for the most part.

Sure I plan on going full time at some point, but I do not think I would be where I am today had I not finished my degree and been able to secure a good job.

I'm fortunate that I have a secure job right now and can take my time getting a handle on REI.

Stay away from nonperforming notes and only buy local performing notes secured by property you know and understand.

Concentrate on securing a quality deal as experienced real estate investors are not going to be sold by a green 19 year old.