If you're good at keeping the customer happy, and get good at bringing in business once you advance somewhat, you can get on the partnership track and make some very serious money.If you're willing to move to a different field, computer hardware and software engineer continue to be a lucrative field.

Your income, assets, credit, collateral, business knowledge in that area, education and abilities to chew what you bite off.

I'm thinking that acquiring and managing our first few rentals (building experience and cash flow) will serve as an additional asset for the second wave of acquisitions (that may require more creative financing).I am committed to getting involved on the forums and asking some of the questions that keep me up at night, so here's the first one:Is there any benefit to us NOT being married when we start buying?

I have no experience with the software but here are a few forum posts comparing and reviewing it:http://www.biggerpockets.com/forums/79/topics/44375-freedom-soft-anyone-plan-on-purchasing-it-http://www.biggerpockets.com/forums/79/topics/91576-would-like-opinions-on-freedomsoft-program-offeringhttp://www.biggerpockets.com/forums/79/topics/67210-realeflow-open-road-3x-versus-freedomsoft-vs-sims-20http://www.biggerpockets.com/forums/79/topics/83761-my-review-of-investorpro-vs-realeflow-vs-freedomsoft

If you remove the coin from the entity entirely, then I suppose this question isn't for you.Option A: Receive cash-flow and let it pile up, leaving it as liquid cash (current assets), immediately available for CAPEX & so forth.

I was thinking assigning a half dozen or more land trusts each year (that in turn hold purchase contracts or options contracts) the case would be made a person is a broker/dealer of that asset class (equitable interest in properties/land trusts) as opposed to a broker dealer of real property.

Here are my thoughts, coming from a complete novice:You've just acquired a $190k asset for next to nothing, and it has positive cash flow with a long term tenant already in place.

Its for asset protection.

It may sound corny, but I didn't know what an asset or liability was not too long ago.If I come across anything new, it goes into one of my lists.

He highlights some really good points.I made this mistake myself and now owe taxes on an entity in which I hold no assets in.