And does this limit what I can apply these funds towards in the future? 

Hello everybody, I am trying to work up my first deal in Quincy IL, which holds about 60,000 people. I'm very new to the idea of Real Estate Investing, and am driven to make it profitable while working full time. Sinc...

Bear in mind that most of these types of deals are limited to accredited investors.I also found some pretty interesting videos about the topic on youtube.Best of luck!

Actually I always rent below market rent so I can get a bunch of applicants and choose who I think is the best one.

Follow your state’s guidelines to send them their damage list and receipt within the required time limit to inform them they will not receive their security deposit back.

Based on your income you are going to be limited to a purchase price of $200,000 or less. 

It has been often suggested here and elsewhere to pursue something that keeps a toe in the water of the working world, as it limits the downside risks, and could turn into a fruitful enterprise for post-retirement.At the request of a friend and BP associate, I've been asked to provide expert opinion and electrical analysis on residential properties that are either on the market, or recently sold through his brokerage, as there are many customers who want a deeper look at their electrical system, deeper than what a typical home inspector will do, but they are not ready to ask a contractor to come out and simply give a blank check to 'fix whatever's wrong' (famous last words).

Sky is the limit.

I am looking for a SECURE, reasonably-priced (preferably free) site that allows prospective tenants to fill out an application online and then have the completed application emailed directly to me (or give me online access to the information)?

Then there is the, what if your situation changes and now your limit is lower all of a sudden and you are mid purchase or mid renovation.