I then sift through these properties and use my development skills to identify properties that have the potential to be developable for residential purposes.  

I know a few more people who's purchasing with him, from what I hear, every single closing was delayed due to supply shortages or other reason. 

Having a vision for future projects like the ones you mentioned are great, but learning the ABCs of RE with a small investment (initial down payment - since you only need 3.5%-5% down on a primary) is the best way to sharpen your skills.

Wish I had the skills to build a spread sheet but computers aren’t my strength.

Even if you are not cash flowing on day one, that's okay (in my opinion), you're not paying the full mortgage on your own, which in of itself is a huge win and you learn other tangible real estate investing skills along the way by simply owning. 

Through my coaching, I help them leverage their skills, make meaningful connections, and create a roadmap to financial freedom, all with the support of a trusted network.When I guide new investors, I always emphasize that having the right relationships can be the difference between a good investment and a great one.

It could be the lack of screening skills.

They instead lack the skill to do a proper bid.

If you’re serious about private lending, this book is a great way to sharpen your skills and make smarter decisions.Good luck, and feel free to reach out!

Hi Mike, I'm brand new to RaiseMasters and I'm finding exactly what I need to skill-up & scale-up my learning & my business.