Ho w difficult is it to make the switch from small time landlord like myself to running larger units?

To me the answer would depend on how easy it is for you to get financing for REI (assuming you want to get into it) and how much it will cost you to go to university/college.By both going to college and REIing with your 200k you will have a balanced portfolio.

Originally posted by "jetmek02":… was actively looking at properties to flip…… There is way too much hype in this business…… So I have been reading books, finding mentors… …I know that investing involves risk…First off, I am glad you took my comments as positive and didn’t “blast me” with your answer… Many people tend to get on the defense… I would like to comment on the above listed items…Flipping properties…In my opinion, flipping is the single most difficult and risky form of investing… Today in fact, I just made another comment about this… For whatever reason, people getting into the business, seem to always want to start with flipping.

Thank you for the piece of advice I appreciate it, I try to be as motivated as possible, but then again you know what society says, REI is tight, inflation makes it difficult, too much competition.To be quite honest I want to do this badly, because I know I have the potential.How ever what would you suggest me?

And or you just get a second mortgage to cover as much of the balance as possible.

Basically you pay interest only for 10 years then you owe the balance at the 10 year.

., it difficult to give you precise response.

Hi - I tried to find a Notice of Trustee Sale document in your link but the way the search is set up - its difficult.

I guess I have scarcity mentality.2) Is there a formula for assessing how much risk is smart, not in terms of comfort level but balancing the numbers, such as: how much credit card debt you have and years to retirement.

It does look attractive, but seems difficult to break into.