As far as real estate investing is concerned, it is something i have been interested in for a long time just not really familiar on where to start...i am leaving the army in 11 months and am starting college in Dayton, OH and am majoring in real estate/property management.

To add clarity to my previous post ,I was not Saying violate the contract with the realtor they still get paid their commission , but, ultimately the decision of how low the price will go is up to the Bank to approve.

I recommend you try and talk to some of their previous 'students' of the course for some feedback.

I'm looking at a house that the previous owner added a 4th bedroom by closing off the garage.

Geographically the mid-west, near a major college/university or a large medical facility.

However, historically it takes 8-10 years for inflation adjusted prices to reach their previous highs.While I agree with you that we won't recognize the bottom until after it has occurred, we certainly are not there yet - not even close.Mike

I believe I stated in a previous post most of my client base has been local in Chicago, but my properties are nationwide.

Or, can I only place profits into and keep my equity from the previous property as cash deposit?

I am currently a college student and am using my time in college to gain experience before investing. my question is how practical/ beneficialit would be to work for a local property manager.

I pickup 30% to 50% equity at closing, so I consider appreciation to be nothing more than icing on the cake.My comments (in my previous post) had nothing to do with our local market.