I think since it's 'new construction' I assume it's way more complicated, and I'm sure it comes with different challenges and factors to consider, but as long as you buy it right, have supporting new construction comps, and are confident with your cost per sf analysis, you can hit your target margin - or close to at least! 

But you can easily find another 40-60 hours in your week if you really want to.When I started I have held a W2 job that required me to travel globally sometimes 2 weeks out of the month while buying properties and sometimes running 2-3 rehabs at the same time.

or do people not really travel with horses?  

I think you have to travel back to Canada every so often to keep the benefits. 

That means not traveling unless necessary, less going out to eat/drinking and avoiding unnecessary expenses of all types till your HELOC and CC debt is close to nothing.

I'm going to be honest, it is kind of scary venturing into unfamiliar territory, after 19 years in the home health industry, but being part of Bigger Pockets gives me the confidence necessary to not give up or slow down. 

Travel and meals (50%) are deductible.

Unlike Accredited Investor syndications where you’re confident you can expect certain returns, anything could swing the BTC price wildly one way or another.

Their only other bills are their mobile phone and car insurance, and with the rest of the money they save on rent, they can spend it on other priorities, whether it’s expensive toys, travel or paying down debt.

The answer is a combination of knowing the numbers, your projections of those numbers in the future, and your confidence in your ability to do the analysis.