Exo,All excellent questions.I find it hard to believe that the larger house will not receive higher comps, and if it does, you will have more value when you sell it due to the increased sq. footage.

Of course this means indirectly they would be admitting they made a mistake, so I'm not confident they will do much, considering they are off by about $15K - $24K.

From what I am aware of the best way to increase your cash quickly would be by wholesaling properties.

So you will either have to increase rent to about $500 per month or lower the price down, or get a better interest rate or get a 30 year or 40 year mortgage.....And finally your last problem, which might be your toughest hurdle (as i had this problem) Unless you are in good with your banker you will be hard pressed to find anyone to give you funding for such a low amount

My theory in short (abstract from my blog) is this:With a devalued dollar, China and India needing more energy to address their industrial growth, supply and demand ratio increasing on a daily basis - the amount we pump out of the ground is inversely proportional to the demand in the world, a subsidized price that we were paying in the past in the USA (around 90s and early 2000) and Inflation.

It is becoming increasingly more difficult to make $ investing in RE utilizing creative strategies.

Starting out they are essential and should be used to minimize your risk when your ignorance is highest, but as your knowledge and confidence grows you may out grow contingencies in your offers.See any contingency you put in your offer makes your offer have less value to the seller.

I am a self-motivated person and I am confident that I will be a happier person being my own boss and avoiding the dreaded 9-5.My goal is to learn as much as I can right now, work on setting up a great team in my area to work with, and get started asap.Any advice/encouragement is appreciated!!!!

I'm fairly confident they can't teach me something I don't already know.While we're on the subject of education, I hear wonderful things about CCIM.

Landlording, as we know, is based more on cash flow principles and the appreciation is gravy.History has shown that over a period of ten years, RE has increased in value.