Once you have everything set up make sure you take a second look through the account, Are you using the correct locations, are your bids set up, etc...

My father who grew up as the Depression was ending has been waiting all his life for this to happen or at least it seems that way.

Alternatively you could fix and flip some properties then reinvest the profits in rentals, although putting a down payment on a rental will dilute the returns, so this option is only second best to buying rentals that cash flow with no money down.Hope this helps...

I don't go back a second time, if I didn't make an offer the first time.

I had the security deposit that the kid's father had put down (I'll bet he was mad about this stupidity).

Flip second propertyBy doing this, your goals are now very measurable.

LOL.I listen to music but did not know it could do wonders like that as it did for your father. :-).

My mentor usually enters $100 in the first space and $900 in the second space to make it an even $1,000.

I've had a strong interest in real estate investing since high school and finally jumped in and learned even more.Never wait until you think you "know it all" because then you'll never get started.I've made thousands of dollars on deals in short amounts of time but I never waited until I thought I had everything planned out perfectly.Sometimes you just have to jump in and get a deal started.May you never give up so that you can have your first success (and your second and your third etc) in investing!

Second, Is there a certain percentage of the ARV you should typically sell the property for?