They will take you more seriously if you wait until after you have passed your classes and exams and received your license.Good luck with the pipeline!

Perhaps it's because I don't have tons of cash standing around, I don't want partners, and I don't completely trust the risk equation of larger more expensive Class A projects - these are the only kind of rentals I buy.Assuming you want a project and you can and will put in the elbow grease - If they are performing and in an okay location and in rentable shape with good bones, $6k - $7k income with value-add potential for $100k is a great deal.They should cash flow enough to pay for almost all repairs except for large capital, but then again you should be able to save for those out of cash flow, or refinance in a few years.If they are willing to hold the note for a couple of years, you could offer them a high interest rate if they finance the entire thing for two years, or maybe they can take %10 down.

Several other members are doing the same for their markets and they seem to be an elusive class.

Here are a few points:The CycleReal Estate prices, like those of other asset classes (Stocks Bonds Commodities) move in reaction to economic trends and conditions.

You want distressed properties in good working class areas, with good schools!

Here, it is one of the required classes when you join the board.

but "which is better as a rental in a typical, stable, working class neighborhood?"

it is illegal http://petriestocking.com/blog/2009/07/10/fair-housing-pt-1-what-are-the-protected-classes/

We recently attended a small group class in Temecula, CA, taught personally by Lindsey.

Then, the organizer spoke for 10 -15 minutes about their "programs" which are basically mentoring and classes.