It is the principal that you are paying off with the aid of a tenant that is the essential aspect of your REI income.

Make sure you trust the reliability of your comps, as this is probably the most important aspect of the flip these days.Good luck!

I've working fwith my REI for a few months and find the most challenging aspect is finding the time to do all the detail work necessary while holding down a full time job that often involves overnight travel.

The maintenance aspect is what is killing the deal right now.

I also learn from reading other's posts as I am an experienced investor in many aspects but not "all knowing" and education/knowledge is power!

I have over twenty years experience in almost every aspect of the electrical industry.Good luck everyone

This is the same for every aspect of real-estate investing.

Thank you for your responses.Jon, I admit, I didn't take much thought into the investment aspect of this property, however after reading your response, I realize ultimately every home purchase is an investment, good or bad.

The link I found on google for it was http://www.nefuniversity.org/monster and it seems like the course packages are specifically tailored to the stimulus jobs that are going to be available.

This helps seperate you personally from liability arising inside the LLC.6) Land Trusts (Don't actually provide asset liability protection but do assist in several aspects)7) Additional Insurance (Umbrella Policy)