And, especially if your goal is to build a portfolio to live off of, bad deals (and even marginal deals), will keep you from achieving that goal much more than slowing down and waiting for better deals to surface.But beyond that, I also find I get most burnt out when I am invested in deals emotionally and with time.  

Make sure all parties know the jurisdictions that you need permits/approvals with, and whatever duration you think it will take to achieve permits, probably add 50%.  

The group now has 30 members with discussion around negligence, mishandling of funds, fraud, and residual damages.On 6/26 my attorney sent a demand letter to Jeff Swiecicki requesting immediate payment of the balance owed.As of 6/30 Jeff Swiecicki has refused to pay back rightfully owed funds and refers us back to his 6/4 email to wait 90 days.

The HELOC will provide flexibility to draw funds you need for rehab and the purchase of the property, whereas on a HELOAN you will be paying interest payments on the entire balance from day 1. 

At some point you have to accept that your first attempt may not be perfect, but if you set some guidelines and narrow your focus down to something that's achievable you should be on your way pretty quickly.

You can also see the number of posts someone has made on the site and balance that against the number of upvotes.

I’m looking for an investor-focused realtor in Edmonton who understands the importance of balancing risk, ROI, and cash flow.

Here are a few tips that might help as you get started:Market Analysis: Since you're open to out-of-state investing, look for markets with steady population growth, job diversity, and a balance between rent prices and local wages—those factors often hint at stability and demand.

Garry's book is on my list, I already read rich dad poor dad a few years ago although I might reread it once I have a empty list.I aim to invest in my first property within the next 2 years, and I keep my savings high while keeping a balance of fun and saving.

I think the expenses are light.If you want to achieve market rents, no central air is going to be an issue.