But it still took about 12 hours for amateurs like us to complete.

Long term goal would be at least 1% cash flow and appreciation.This is a very amateur question - a lot of folks have mentioned finding deals that aren't on the MLS.

If you invest $20,000 on an $100,000 property, you gain value on the full $100,000 and not just the $20,000 you invested.You lose the mortgage interest deduction for taxesIf you have extra money, you may be better off investing in another property (leveraged) or funding your retirement accountJust some thoughts from an amateur.

@Ned Carey   You get it - I think @Michael Plaks was missing that key detail.Account Closed - Yes you could hire it and get someone in house possibly - we did just over 7 figures in revenue last year - I dont want our books to go to an amateur - I'd have to pay more to have someone in house FT and I dont really want someone doing finances, activities, payroll etc - I'd end up paying way more than that when you factor in employment costs. 

Stay skeptical and don't waste money better spent on actual investing.Now, the argument in support of mentorship.Unlocking the Mentorship Cheat CodeWe all start as amateurs to the game. 

The market displayed every classic symptom of a mania; the progressive narrowing in the number of stocks going up, the nationwide fascination with the activities of Wall Street, the faddish implications of a new era, the suspension of every conventional standard of financial rationality. and the rabble enlistment of an army of amateur and ill-informed speculators betting on the basis of rumors and tip sheets.By 1929, anywhere from two to three million households, one out of every ten in the country, had money invested in and were engaged in the market.

This is the kind of answer given by an amateur or a crook.

You said you can DIY stuff but that's an amateur statement IF YOU DON'T have rehab experience or you don't have contractor connections. 3.

Interesting discussion.Lets call them professional vs amateurs.

It also depends on whether you use a professional company that backs their work, an independent contractor that may or may not do things right, or an amateur that you found at the local bar.All I can say is, shop around.