Hernan,
I'm kinda already mentoring 5 or 6 people (well at least tellin them what books to read, what sites to visit, and outlining finance options for them).
Take it from me - it only makes the cravings worse.
Them: "Hey - what about this nice little unit that I've found for $85K that's getting $160 per week rent?"
Me: "Um - yeah - that one looks pretty good."
Me thinking: "Dammit - what a good deal - wonder if there's any more for sale in that block?"
It's like having this little army of people bringing you news of treasures from all over the city. Soooooo many temptations...
Must.... Resist.....
BTW - Sub-divisions ain't my specialty. Maybe in a couple of years
No money down deals are real simple. Make sure you have plenty of equity in other investments.
<Rant> (not directed at anyone in particular - but because I'm getting sick of explaining it to people after 20 or 30 requests)
For all those 18 - 20 year olds who seem to be obsessed with "No Money Down" after reading Rich Dad, Poor Dad - GET A JOB! I don't know of anyone who has done a no money down deal as their first investment, and no I can't tell you how to do it if you don't have a job and have no equity.
Not saying it can't be done, but it will be easier to work and save a deposit (and cheaper if you put a price to your time) than spending the 3 or 4 years to find a deal and negotiate it as a no-money down deal.
</Rant>