I just want to start with my first home, live in one room and rent out the rest to roomies, or live at home with my parents and still rent out to a family.

Hahaa, no worries, I'll be moving, but my parents still live here, and I'll be doing business here, so it (literally) will be my "home away from home."

Avoid textbook authors like Philip Kotler.One more thing perhaps: Kim Kiyosaki once told the story of how a 12 year old got her first apartment with 'no money down' (actually, a loan from the parents).

This property for Burger King could have been a individual franchisee store, a larger franchisee, a subsidiary group of parent corp Burger King ,or a guarantee from Burger King itself.

Unless you have a true deadbeat this will work.In most cases it's a matter of having the tenant realize that rent is a priority - before car payments, alcohol, cigarettes, recreational drugs, child support, vacations, gambling, haircuts, and dining out.

So let me ask this, and forgive me if it sounds like your child asking you a question about how cars work.If I have some worries about the dollar in re: the fools at the wheel Fed-wise, Lehman Brothers-wise, and politician-wise, it leads me to think: make good real estate investments.

I know previously people have said be careful parenting with contractors but i know this is the right thing to do, I just want to make sure it makes sense? 

I always wondered why they tipped better than my parents' teacher buddies :)Yeah, 600 :)

I have a deal I am working on that has a motivated group selling their parents house.

Even within the same city you can have multiple school districts or even city/county schools and most parents will only make the switch during summer months.