Of course, it's a different story when the youngster is being coached and has a goal of saving the moolah for a specific purpose.

Good luck youngster.

AND, under the current laws and circumstances, I WOULD NOT GET INVOLVED for the type of money that might be had doing such wholesale deals......and I can gain the confidence of most any seller in a number of ways.Now, what makes youngsters with little or no knowledge and no experience and probably no money or fantastic credit makes them think this is something to do when there are much easier things to do with much, much less risk?

Some are (IMHO) over-enthusiastic youngsters, some really are experienced savvy investors helping out others with advice,  HOWEVER it's also a site full of naive investors eager to get in the game.

It's in our own self interest to pay for a bottle of soda for the community meetings we don't attend or contribute a few dollar to support sports clubs to give youngsters something positive to do.

But its still work you still have to deal with tenants turn overs ... other things like that.. the most passive I see with folks that have some serious liquidity already IE been high w2 folks is notes.. those can be truly passive done right.. for the big hits  land development in path of progress is killer but risk/reward is the mantra there.2018 for us should be a nice year  probably close to 30 million in new home sales a few larger tracts bought and either flipped to lennar or Horton 150 to 200 lot tracks.. and our note business is in full maturity.. and it only took me 40 years to do all this... so all you youngsters out there have some patience.. 10 to 20k is nice but its not retirement when you start really living the investor life.. at least for me.

After my first investment, it gets cloudy on what I want to do, it all seems great to get into, from wholesaling, to buy and hold, SF to Multi, I know that I will find a niche and strategy eventually but as a youngster finding out that there is so many paths to this, it can get overwhelming. 

Don't worry youngsters, there are dealers in RE in their 50's and 60' that still don't get it.

My dad taught me as a youngster that you can get ahead in life if you're able to play with other people's money but to do so you have to prove you're more of an asset than a liability.

Sean,As a youngster one year out of college, I am buying my first duplex (owner occupier) and plan to close in the next two weeks.