Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I am aiming to connect with other real estate investors and people in the real estate industry.

Birmingham, AL is my target city for a boat load of reasons, but I live up in Philadelphia, PA.

The answer to the first is definitely.  

They'll probably want to order an appraisal.2) Why haven't you saved anything up in the last 4 years for more investing?

Welcome to the community.

Along the lines of Simon's comment: my family's bank account is on the personal side, and my rental properties have business checking accounts.  

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

A lot of out of state investors reap the upside potential of the Nashville market (and protect themselves from some of the downside) by investing in the high-growth (yet moderately priced) secondary markets near Nashville (i.e.

I didn’t see the free option upon initially going to the site, as the landing page directs you straight to the paid membership.