With the new found knowledge I started to ponder various websites looking for great deals in relestate.

I actually just wrote this article this week-https://www.biggerpockets.com/renewsblog/types-of-...Not sure if that helps, or is exactly related to the question you are asking, but feel free to reach out anytime if I can answer any other questions as you ponder them.

You're likely putting yourself into analysis paralysis because of how many things you are pondering at once.

@Mike Krieg: Yeah I start pondering so too, which is why I posted the question.

I honestly wouldn't mind staying in contact and continuing to pick your brain on this topic as it appears it's something you've been pondering for quite some time.

And that's just where we are currently pondering if our strategy is feasible - As we'd like to use a 15-year mortgage and savings allowing us to come up with 20-25% of the purchase price up front we did some number juggling.. using the BP rules for rentals, i.e. roughly 1% in monthly rent, and 50% of the rent usually going towards expenses, insurance, vacancy, etc. that leaves just barely the amount required to cover the mortgage payments.So we'd like to run our idea against you folks to get some feedback - Is it too ambitious/unrealistic?

(Oh OK you do have your own home...let me ponder that...)

@Robere Istatia I agree with you re lonnie deals, but the poster was saying hes pondering buying the park, just the homes.

Ponder your exit.4.)

At the moment this is theoretical but I'm sure I'm not the only newbie pondering this idea.I could potentially have 60k in cash if I did an early withdrawal from my 401.I'm in process of leaving my current company and moving so I was pondering the idea of cashing out and using that money to kick start real estate investing.