But it also speaks to the fact that people make money in those fields where they have the most expertise. 

The ability to perform this analysis requires financial literacy and the capacity to underwrite the deal of your dreams.Therefore, the most direct route to a career in development involves acquiring the necessary skills and tools to accomplish the job.

You seem to have a lot of competition in your field, but you keep plugging along.I've bought numerous homes on the private market, and I wouldn't have it any other way.

Can I make sure your car is stocked each day with everything you need in the field?

To the guy who stated “especially heroin those guys are as good as dead... and we deal with this in the hood all the time“ etc etc....I work in the substance abuse and mental heath treatment field.

Earlier in my career I did it often, however (as others pointed out), with the intent to leverage once stabilized.

I like to turn over every stone because I know many in our field want the quick transaction.

I’ve done dozens of 1031 exchanges over my 46 year career in the RE industry - both for myself and for my investor clients.The main advise I would give is as follows:Be realistic about your buy options and the market value of these options.

@Louisa Davis, I would say I am one of the few on these forums that has made a true career out of real estate.  

I recently read a few books about Real Estate Note Investing and am really interested in the field.