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.

Now were back to a mare normal world where a person has to have that skill of forecasting, analysis, ability to "read the tea leaves" for where it's all going and if todays acquisition makes sense. 

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

And none of that counts the 10’s of thousands in tax advantages I reap without any advanced skills or planning, the government just hands them out. 

This is a great strategy to use for beginners who want to get a foot in the door of investing while also learning crucial skills just as tenant management. 

We find deals, close them, and manage them all in house with a combination of our experience and skills. 

Unless new companies create replacement jobs in the city requiring similar skills and pay comparable wages, your tenants may be forced to take lower-paying service sector jobs.

I guess my procrastination skills are slipping! 

During the 2008 financial crash, low paid, low skilled workers were laid off in droves.

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.