You should read Is Becoming a Real Estate Agent a Good Path to Investing—Or a Pricey Distraction?

Don't be distracted about buying a house before the fundamentals are established.

Hey Brent, apologies for missing your last post, got distracted!

I’ve been basing my analysis on the assumption that I won’t be able to increase the NOI, so I won’t get distracted by a potential shiny object, and forget that it would be projection, not current actuals. 

I was able to amass 8 SFR rental properties...got distracted with a nightmare flip in late 2015 / early 2016 (I posted about this awhile back)....but rebounded after that setback establishing processes, systems, relationships, and confidence one property at a time. 

It can also lead to the many horror stories of assessments of thousand and thousands of dollars because they need to put on new a new roof or do some other capex project and the HOA is broke.But with all that said, don't let it discourage you, I just want to make sure you go in with your eyes wide open and are not distracted by potential returns.

Your activity level in Flight School will be intense at times, and I would suggest you don't need other distractions from concentrating on perfecting your aviation skills. 

It diversifies you (personally), gives you some multifamily experience (for a future syndication), and a 10-12 unit property doesn’t have to be a massive time-sink (ie distraction).

I've definitely waisted time and money by pursuing potentially profitable deals, but they are outside my scope of expertise and ended up only being distractions in the end.These items may just be applicable to me and the skillset I had going into real estate, but hopefully they'll help out a newbie coming up to avoid a few costly mistakes.

And while the measure is just aimed at the city, she acknowledges other areas, particularly urbanized but unincorporated Sacramento County neighborhoods like Arden-Arcade and Carmichael, also could be prime targets for more renter advocacy.But Jim Lofgren, senior vice president with the California Apartment Association, said rent control distracts from the bigger need of building more affordable housing.