Now at point where seriously looking for deal.My current plan is to find low cost flip or small SFR rental to basically get that real world experience of process and show I can do it.

That is a great way to learn the lingo of the industry, learn some basic info and network with potential partners and or passive investors if you choose to syndicate your deals in the future.Conferences are also a great place to learn and network.With Podcasts being the new form of marketing - You pretty much have a ton of Podcasts with almost ANY Real Estate Niche you can think of.

Account Closed It's an interesting concept...I wasn't aware of the numerous tools out there...as an agent, we have access to Core Logic data and REALTORS Property Resource...we can grab 2 AVM's and RVM (Realtors Valuation Model) based on direct feedback from agents in the market...but that is all I have ever used.

The $600 version of their full software is basically going to give you historical averages allocated across the purchase price that you can use to reclassify.

I understand the basics of looking at Zillow and Trulia and identifying the median home prices in specific areas and understanding the statistics behind the community, i.e schools, crime, growth, etc.

Here is the breakdown: Principal: $201,026PITI: $1,537.55Principal and interest$1,102.41Property insurance$122.30County tax$312.84Fixed Interest at 5.125%I have the concept of 10% down and a high interest rate, in saying, how could i structure this deal to make sense for me, but I also do not want to charge them an insanely high rate.

Also if you can require a amount of someone is not paid to be held back from the seller since they are basically handing you a possible eviction.  

There’s obviously a lot more that goes into valuation of commercial properties, but this is the basic gist.

I have ran some numbers myself and basically if I acquire 2.8 properties a year that cash flow 150 dollars or more, I can be financially free in 5 years.

"Buy basics and lease luxuries."