Because, 98% of the time the student does not take into consideration if the tactic/technique/strategy being taught is a “fit” for the investors time available; interests; knowledge; experiences; abilities; likes; and ethics.Let’s assume that the strategy being taught really does work - to the extent that many people “applying” themselves can achieve financial success.  

In the meantime, expenses such as debt payments, taxes, insurance, and maintenance persist.Characteristics of a City That Enables Financial IndependenceTo maximize your chances of achieving financial independence through real estate, focus on cities exhibiting the following characteristics:Significant and Sustained Population Growth: Rental rates are driven by supply and demand.

If that purchase is relying on cash flow for its primary return, it will be challenging to achieve this goal with that type of purchases. 

Focusing on the best quality real estate will allow you secure more favorable financing terms, more likely to achieve favorable exits/refinances, more likely to attract the best capital partners.

In my opinion, the price of any commodity or service is reasonable depending on the benefits you will achieve from paying that price.

So they can achieve WEALTH. 

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

I already have an investment analysis workbook built that tells me everything I need to know to make a purchase decision, NOI, COC, ROI, and if the property will achieve the appropriate coverage ratio to be funded. 

Electing disregarded entity status avoids additional filings while achieving the same tax outcome.This post does not create a CPA-Client relationship.

What checks and balances would you need to put in place to avoid this.I am a firm believer that you should tie any bonus to a metric that the company is trying to achieve.