Justifying the risk of starting

[Graeme Williams]

Hey all,

I'm just starting to seriously look into real estate investing and I'm struggling to get past the initial risk. How do I justify the risk of using what little money I have saved up to buy a house to rent out. I'm only 27 and have plenty of time to gain it back, but I have to look forward towards paying for children and the like.

I would assume I should do any investing I may get into through a private company to shield myself from a lot of the risk? But I'd still be risking a large portion of my wealth. 

How do you justify starting when so many fail? Not only to myself, but also my wife and family?

Thanks