Rentals normally are going to require at least a down payment and closing costs but not always, and they may need to be fixed up, also.Wholesaling and rehabbing are time and skill intensive, while rentals are by nature passive and can be delegated out very easily.If your credit is in the toilet, building an extensive rental portfolio may be out of the question right now.

I'm trying to get the right questions in the right order so I can have some kind natural flow to the conversation.

This used to not be a big deal so no one bothered to keep them -- however, with the natural gas surge and the "fracking" plan, small lots in residential neighborhoods can be "drilled".Basically, the state and county laws seems to place a certain restriction on how close a drilling operation can be to homes.

I don't recall the procedure off the top of my head but if there is little or no equity they may release.

They removed it no problem, and said they would change their procedure in the future!

This class provides an overview of approaches to value, valuation procedures, property descriptions, and residential applications.

Daniel, To see a little bit more about my experience you can check out a interview Josh did with me at: http://www.biggerpockets.com/renewsblog/2011/05/19/interview-james-vermillion-biggerpockets/ As for being fearful that is completely natural, but the more we educated ourselves, learned the market and put together a list of contractors we trust, the better we felt.

Naturally, it takes a great deal of maintenance and upkeep to make something last that long, but I don't see why a well cared for condo would be much different.

These are results that naturally come about from the success of private enterprise and the addition of another business to add to the competitive mix.

This is old news.He has taken leave of absences before.He had Pancreatic cancer before which is the deadliest form of cancer to get.There are different types of Pancreatic cancer and the least severe one has about a 5% survival rate to give you an idea.Jobs has had organ transplants and other procedures over the years to keep prolonging his life.He has known for some time he is not cured but delaying the inevitable.They have been planning his departure for years.This is not a chock the company wasn't expecting.I really don't think all that much will happen in the long term.Just because he will not be running the day to day operations does not mean he will not have any input on the direction or innovation of the company moving forward.Many owners retire but still sit on the board and give input.