If anything you are doing them a favor and cashing out on an asset that they have on the books.

I am all for getting started as early as possible, but I also like to see people stacking the odds in their favor and going in to investing well prepared and well educated.

I have everything with the bank so they look favorably on this situation.

Do yourself a big favor and get these books!

They often jump at that offer so it ends up working out in my favor!

I do believe the eviction process is fairly favorable to owners in Texas.

The deal is favorable to him b/c he cannot get conventional financing right now due to being in the middle of a short sale or maybe even a Deed in Lieu if he cannot find a buyer.

The offer: I submitted a favorable to me offer because the owner seemed desperate to sell.

If you find a great broker/agent they can find you the deals.If you have a lazy broker/agent they can cost you and make you lose out on deals.BIGGEST MISTAKE you can make in my opinion is buying in the wrong area and paying too much going in for a property.Especially starting out you need that capital to perform and grow at maximum potential to take advantage of low interest rates and favorable market pricing.If you buy right you have a jumping off platform for other properties.If you buy wrong you have a mistake they can stifle your investing for years.If you think competition is bad now wait in a few years when all the news channels say real estate is on the rise again causing a run up in pricing.

Basically, prices dropped about $50-70k in the neighborhoods that used to be very much in favor (Shamrock, Toney Valley, East Lake Terrace, White Oak, to name a few Decatur neighborhoods that got rocked)... that collapse pretty much turned endemic through most of Atlanta.