I'm a first year landlord so inexperience came to play or a heard a BP podcast about a stupid tax u have to pay learning the ropes.

But, of course, these loans will be riskier due to the inexperience and lack of funds of the borrower, so you need to do more due diligence on the deal, in addition to accepting more risk.With respect to commercial leasing, I was talking about being an active investor -- buying distressed apartment buildings, triple net commercial leases, self storage, etc.

Some I inherited when I purchased the building, and some I picked up when I was a bit younger with being inexperience landlord.Also, yes, don't buy the idea that section 8 is stable, and rent is always coming into the bank account.

My biggest concern is that due to inexperience I'm underestimating how much it'll cost and how long it will take to upgrade the property.

After a few deals and you are seasoned comfortably and you want to pull money out of your retirement accounts go for it.People have learned very hard lessons in RE whether it be flips gone bad due to inexperience, or rentals gone bad due to bad properties and or tenants, you don't want to learn these lessons with your retirement savings.What if you pulled out 50k or 100k of IRA money and invested it at the peak of the market in late 2006 early 2007? 

I have likely reviewed and underwritten 100+ offerings over the past year and routinely see red flags and deal breakers...inexperience, mis-aligned deal structures, weak offering materials, aggressive assumptions, background check follow up items, under-capitalized sponsors, etc...but the deals still get funded.  

We started in real estate a couple of years ago and due to our inexperience we decided on an ultra conservative strategy in the form of all cash purchases.

most that raise this kind of money know how to do it and would not be asking on a site like BP..Just say-in..  Experience

I didn't see that he was offering anything different than a thousand other people, which is inexperience, no leads, no contacts, and no money.

My own inexperience ultimately led me into this situation, so just trying to learn as I go while doing it as right as I can.