Meaning there is a little appreciation play and a steady stream of cash flow every month.

They play golf and hang out at the club with the other highly successful investors.In a resort area, if you come across what you think is a good investment, you first question is Why did all the big-time investors pass on this.

In other words, let's say that you play 30 sessions of blackjack over the course of a year.

After 6 months it gets tricky as there are so many factors that will come into play.

You typically need to have skin in the game, but at the same time you certainly don't want to drain all of your personal reserves if you don't have to (i.e. if you used up all of your reserves on a traditional downpayment w/a bank - not only would it be gone, but then what's next?

Often your investment play in those areas will be for appreciation.

I have met with 1 guy I know in the game and have meetings scheduled for next week with 2 others.

I'm REALLY looking forward to getting into the game!

What role does the tax assessment play in this value?

I am a new investor, looking to get my start in the game. i want to start with wholesaling, and eventually work my way into rehabbing.