Costly and time consuming with no guarantee of success.

I never investigated further.I always questioned his recommendations because at the price/rent point he was advocating, the maintenance/cap ex would consume too much of the rent unless actively self managed.  

If wetlands are involved the process can get pretty time consuming, and costly but with your 3 - 15 acre lots you may be able to avoid impacting them which will save you a lot of time and money.I hope this isn't too confusing.

Never pay an upfront fee.You didn’t mention your state but understand that with little exception, an NMLS registration is only required for consumer-purpose loans.

Even when wholesalers “kinda’ admit to the seller that they are going to “wholesale” the property, they still tend to mislead the seller by talking about “financing partners”, “equity positions”, “mentors” “membership” etc.So, various states have, under the banner of consumer protection, enacted legislation to restrict the use of the “wholesale” transaction in RESIDENTIAL OWNER OCCUPIED real estate - note, not commercial property and not residential when the transaction is between 2 investors. 

-flips and BRRRRs are very time consuming, energy intensive, and hands-on. 

Here's a list of some things I've consumed and think were worthwhilePeter lohmanns podcast, newsletterWolfgang croskeyPM podcastsprofitcoach webinarsEvernest podcast and webinarsNARPM leadsimple webinars, blogsproperty meld webinars, blogs (maintenance focused)there's probably a lot more, but that's enough to get you started and you'll find more by going through those. 

You could easily have any two of the areas mentioned (in some areas one) consume 8 hour classes, 5 days a week for an entire 6 week semester.

It wasn’t until this past summer that it really clicked for me just how powerful the REI model can be, and so I’ve been reading, listening, consuming as much information as I can over the last few months, and I’m just ready to start making things happen.Anyway, I’m really looking forward to meeting more of the community, to continue learning and building relationships with as many of you as I can.

Time Savings: Managing properties can be time-consuming, involving tasks like tenant screening, maintenance coordination, and rent collection.