One disadvantage I see to this is tenants will realize the low prices I buy houses for.

My lot was $16k and I have no idea how I would even build for $69 a foot much less realize a $15-20k net gain on top of that...

But since realizing how difficult that is in my area I've also looked into places outside my area (Inland Empire, Central California, out of state) as well as considering buying and holding for appreciation.

I realize the importance of educating oneself on creative financing can be costly, but to gain such insight from knowledgeable and experienced investors that is absolutely FREE just blows my mind!

I realize that BP doesn't have an Android App (even though 80% of smartphones activated run Android)....but is there any mobile version of the site (specifically the forums)?

My wife quickly realized the power of Amazon/Prime, and now we get nearly EVERYTHING that way -- from toilet paper to dog food to light bulbs to soap to birthday presents and even some food.  

I realize the risk you take on a property in foreclosure.

Which was two days away), and I realized I could either eat or buy gas to get to school and work, but that I didn't have money for both.

During the process I realized that I may have purchased a house that is above the current market demand and I will not get the type of tenants I want for the rent that I need; chalk that up to experience.

I've got one in Keller with an ARV of 150K and rent tops out at about $1300 (realize this is anecdotal, but I think you're going to need more square footage to get a commensurate rent)