Being young will present challenges in a field where experience is highly valued not just with lenders.

I've known about Jerry for YEARS haven't spent one penny and have received a ridiculous amount of value engaging with his content, again for FREE.

Good thoughts as we embark on this New Year.....our time is precious and should be valued way more than most people do.One of my favorite sayings - "Money is a replacable commodity, time is not"

Implementing a value add strategy, which will raise rents and force appreciation has been an unfair advantage in just about any market condition. 

The problem is these homes are 60-120 years old and because of the low value neighborhoods, nobody has ever made any capital improvements beyond duct tape.

Buying this house will only make sense if you're getting something of value in return as far as a business deal.

When you write things like this, you remove all the value from anything you said before.

However, if you're a W2 high income earner or business owner, I can't imagine it makes any sense to flip houses, mail mass post cards, wholesale, or build lead gen websites with the value of your time being better spent other places (such as learning about real estate and increasing your income through proven means), such as at your 9-5pm or growing your business, and your real estate is a long term process and you don't need "home run" deals to qualify or make it work.

When you have a duplex and tenants on both sides stay for ten years, it almost guarantees that something isn't right.I would study your market and determine the value of your rental, because I bet you are losing money every month.

Then gloat about how much they made on the exit meanwhile dragging the neighborhood property values and increasing crime the entire time.