I've seen people say they can take six months, so don't count on it happening overnight.

Would it count as "new credit"?

I can count on one hand the # that were successful over a period of time.

Using 50% rule, expenses (not counting the cost of getting the vacant units rented) will probably end up running around 5500 per month, or 66000 annually.

I've done more than 50 deals (more if you count all the deals with my coaching clients) and have 27 buy and holds.

The buying and selling of 4 properties a year is actually bases on the California law that states that if you do 8 or more deals in a year you are considered "in the business" and are required to be liscensed.The buying of 4 properties then the selling of 4 properties would equal the 8 transactions a year threashold.It is also interesting that (in CA) any deal that involves an RE agent does not count toward the 8 transaction limit.

You can count me out than...

Used to be that in these deals (tax sales) that most investors were looking for the amount of interest that they could recieve for their "bids".Most were redeemed by the owner within the reclaimation period and therefore the interest amount was the most important factor to them as they were not counting on owning the property outright.But as more and more of a percentage of their monetary bids were remaining tied up in the lands they ended up actually purchasing the investment strategies have changed.Anything that you can pick up for less than half of the land value (no improvement value included) is always a great deal.

I too looked at all the different schools before I took the CC route...Here is my advise from what I have learned from different advisors and other people that I have spoken to about what school I should attend.1) Unfortunately it doesn't matter how great the schools curriculum is, its the image that people have of the school that counts.

It's a possibility, but not one I can count on.