Before the income subject to UBIT is calculated you can depreciate and deduct expenses and losses on that portion of the income so generally it's not as bad as people think. 

Build your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

What do people do when they run out of funds (liquidated credit cards and family members assistance)?  

If there are people there will be a need for MTR-- getting your location, unit size and pricing to align is the magic sauce.

This is a great place to learn and to connect with people so take advantage of all the great resources.

I have warned countless people that the "new", "Cheapest", and "shaking up the insurance market" carriers typically come into the market under priced, have a wave of claims, then they either jack up premiums to survive or fire their staff to keep heads above water.

I’ve been coaching new investors for a while, and I always enjoy hearing about what brings people to real estate.

It's sad people lie, and it is even worse when it is a fellow veteran.

The sub 550 credit score people come out of the woodwork to apply for this home. 

And partner with people you trust & have done it here in Kyle before - by far the most important tip I can give.