I have suddenly found myself in a position of great hope and opportunity, Although I lack experience and discipline.  

It is a risky thing to do but if you are disciplined and you surround yourself with experienced people to keep you out of trouble then I think it is a good idea to have the equity in the house working for you.

A JV will reduce the headaches of getting up the learning curve on all the many disciplines, give you some valuable experience and ideally some profit on the back end. 

With commitment and discipline doors will open up.We look forward to learning about your goals as @Patrick Noel stated.

I'd argue that yea, you need the same mindset, but even more discipline for real estate investing (just like any other full time job).

Or anything else that requires follow through and self discipline?

It has taken much self discipline and sacrifice to get to the point where I have access to, what I consider, large sums of cash to invest how I please.  

Really loving the focus and discipline it provides and I'm really looking forward to trying to implement the pumpkin plan not only in my business but in my client's businesses as well.Cheers, Michael

If you are disciplined about only pulling the trigger on great deals, you will be fine in the long run regardless of if you buy at a cycle top or bottom ... just make sure you can afford to hold (through cash flow, W2, or some combo thereof) to make it to the long run.

I really need to stay disciplined though.