That’s where real estate investing comes into play.

While using an FHA loan, is it pretty typical that the first year will be a loss while focusing on the longer play?

We figured that maybe we can continue to borrow from the private sector if borrowing from equity isn't the best option.

I figured this is the best place to start and while I wait for responses continue to research my area.Things I haven't done yet-learned the buying process-read and understand the contracts-find a good contractor-find a hard money lender-figured out what I don't knowThanks for taking the time to read my post, if you have any suggestions on reading material that would be awesome :).

I’m look for some creative ways to leverage long term against them so I can continue what I start a couple of years ago.

@Joseph Back I wouldn't try too hard to convert your equity partners. let them know what you want to do and, if they're not interested, continue investing on your current terms until you don't need them anymore.

Detroit demands a very specific geographic analysis and execution of that analysis...and not a global economic trend analysis.Does the auto industry play a role?...

For me, I don't play that game.

I played major junior hockey in the "Q" (for anyone from Quebec or the Maritimes) for four years so started school a little late but am happy to have a full time job starting this month.

Also, I imagine insurance might come into play as well.