For instance, he lets all desk phone calls go to voice mail and just checks e-mail once a week.

For instance if Coutrywide is the owner, they refuse to pay the selling side commission to the buyer if the buyer is the agent.

Ive ran across a lot of really good deals that were in growing areas that ive had to pass up due to my own lack of investors/experience.

My wife and I believe slow and easy is the best way to win this race, but we'd like to keep growing our portfolio as we achieve experience and success.

Something we have to unlearn as we grow up so we can get along in society.

For instance, find a property were the owner is willing to finance and use required repairs for downpayment.

Looks like this thread keeps growing and growing, lets see if we can get this thread to ten pages LOL.

You just need to learn the business and do a lot better on all future purchases.To answer your question directly, unless you have a LOT of cash, you will certainly acquire a lot of debt as your rental portfolio grows.

Depending on the size of your market and how sophisticated the MLS database may be, you could try to find a Realtor who is expert at working it to save both of you some time.I set up several different searches for distress property, including wild-card searches by owner (anything with "bank" in the name, for instance), agent remarks with terms like "as is" or "handyman" or "seller motivated," and listings of agents whom I know work with REOs.

I am looking forward to growing this next year personally and in my investing career.