why sit on the side line and wait for a crash that may never happen .. and probably if it does wont be near the magnatude of the last one.There are multiple different types of investments in and around real estate other than being a landlord.. so maybe we confuse the developer who just did a subdivision and flipped the plat to LEnnar and made 2 million in it in 16 months with 150k into it.. .. those are pretty cool homeruns.. and done all the time.. but you need the skill set to set into the guy or gal that can source a property that a company like DR or Lennar will buy you need the strength to talk the farmer into letting you have an option on the property you have to have the Risk tolarnce to put up 150k and maybe lose it... becasue you can t flip that plat.. you have to have contacts at the big builders to get to their land ACK guys or gals.. but you put that all together and thats what a homerun looks like. guys that buy at courthouse steps  hit tons of base hits..

The only risk we really have is the $75,000 in furniture we own.

You have to decide on whether or not leveraging debt is something you want to do, and if the calculated risk makes sense to you.then buy multiple...

While disqualified parties can invest together if done properly, the real risk you run is having the IRS rule the transaction as self-dealing. 

For my day job I work as an Actuary and my primary experiences is in Risk Management, Asset-Liability Management, and Model development - which I hope to translate most of these skills into my real estate investment plan.I am interested in growing long-term wealth through acquiring a portfolio of cash-flowing rentals. 

If you had a million dollars, how would you invest in real estate for ongoing cashflow, diversified portfolio, low-risk, longterm play with minimal hassle?  

David Ramsey may not like that statement, and of course any investment has risk. 

This is a high risk business investment and must take priority in order to be successful.

---So, my first questions here on BP are related to my grandmothers house.My name is NOT currently on my grandmothers title and because she carries a small mortgage on it, I can't 100% own it unless I buy it, correct?

What is your risk tolerance?