A business law book, principles of real estate, accounting 101 will get you through bookkeeping, a personal finance text talks about use of money, get a used managerial accounting book (it deals with management decissions in concept.....it answers all the questions of should I use a loan or my cash) a basic business finance text (101/102) explains income streams, notes, bonds, capital financing, etc.

Us short people are not at risk here, but I have seen way too many ceiling fans that are at about 6'6" that someone installed without thinking.Construction adhesive does not take the place of nails, for most purposes.Don't wire 3 way light circuits to break the ground, leaving a constant hot to the light .Some cheapskate figured out that toothpaste makes a great filler for nail holes before touchups.

All those streams will soon be a gushing river!

Originally posted by Shannon Shannon:Well...After this I don't think I'll continue to respond to those of you that aren't supportive of my quest because it seems I am constantly on the defensive and restating many of the same points previously made.

It basically means buying a low price based on current NOI, and then increasing NOI by rehabbing, putting in strong management, putting in better tenants, raising rents, building new revenue streams, etc.The increased NOI creates a higher value...

While this particular situation may not be a successful example of "challenging the system," I believe that I will better myself by constantly testing the standard(whichever we are talking about) against new theories and unorthodox practices.

Remember, a trickle turns into a puddle, that overflows and turns into a steady stream, that turns into a river, that runs into the ocean!!

Plus you'll then have TWO income streams - rent from your former residence and rent from the 4-plex.

Also, I apologize for any typos, as I constantly end up typing on my Ipad or phone.

By taking time to stream line my education, obtain the tools I need to succeed, I feel 100% better about the track I am on. :)