I think things will eventually head in a direction that includes everyone and not just the elite handful.

Its usually up to the buyer to get their credit in order to eventually purchase the home.

We moved it room to room, and eventually set it up to the HVAC intake and had it pumped through the entire house.

Go a more formal educational route in finance and law, but eventually you'll need to revert to 1, or 2. to act on a transaction.

The difference is a land sale contract in some states makes it easier for the seller to get the property back if you mess up.In both cases above you could eventually refinance as you are the owner on title.

You want to keep your nest egg up because eventually you will have to retire (but maybe not for 20 years!)

But you will eventually have vacancy and repairs that will come into play.Also, be sure to change your insurance policy from a homeowners policy to a landlord policy.

Free and clear properties are more attractive targets (not only for litigation-happy folks but also - heaven forbid - for divorcing spouses).Consider your risk tolerance, of course, but consider using leverage on all your investment properties - even if you need to eventually keep your LTV around 60% or 50% so you can sleep better at night.

I've done a lot of research on calculating ARV/construction costs but, I feel a second set of experienced eyes will help tremendously when evaluating deals.I  also do plan on eventually taking on some flips of my own in the near future as well.Sorry for the long post but, I am very excited about finally moving past the education only phase and in to actively investing!

If you do a search there is a great debate about this topic, that I believe started a little tongue-in-cheek but eventually grew to a mud slinging contest.That rule, in my opinion, is a very early qualifying factor.