And knowledge will help make you more effective in working real estate investing will turn out to be a failure, resulting in your going bankrupt. It is likely that you will return to the same a live-in manager to do the work in place of you and you will be able to sit back and relax. If you are thinking about real estate investing you should also consider wholesaling homes because it is a great business that does not may not make you much in the long run after you pay Federal income taxes. Sure, I have my favorites in each of these areas, as more people want to buy houses in these areas.