It could be 6-12 months before we have a reasonably steady income, so, I was looking at Commercial Properties, which had a net 9-13% starting point before negotiating.

I will definitely post my RE investing progress once I get some deals in the pipeline.Josh: I will definitely spread the word about BP and Pic coming soon!

What do you all think should be my next steps in progressing towards a deal?

When those needs are met, we can progress to the next level of Maslow's Pyramid.

It may take longer to fill the vacancy, but a high turn over is worse IMO, as over the year you'll be cleaning and repairing damages more often.I'd hold out for a better tenant that would take the annual lease, one who has a decent job that they will not be leaving and therefore, one who would end up having to pay any judgment from a steady paycheck.Anyone who thinks a burned out hosue will be move in ready in 90 days is probably cutting it close.

He and I became good friends and he often stopped by to check on progress.

Hope to make some progress in the sound deadening; there are other things I may have preferred to do this weekend besides manuver insulation into place by cutting into a finished ceiling, but this is important.

It wasnt until I partnered with an experienced wholesaler in my area that I started to make progress.

have job and steady income.thanks for your info. i am just starting to learn this so iam interested if you guys know the legal aspects, i understand all the other things like location ,price and so on.thank you.

I haven't watched it yet, but I will soon :)Mike & Lorrie, I will keep you updated on my progress.