If this endeavor doesn’t fully pan out, I’m comfortable treating it as a side project alongside my W-2 role.

I do think brand can play a very important role in the long term of something like this.

Negotiating is a skill that needs to be practiced and consistently role played to get right.

(Further context on the role, the business has solid marketing and network established.

This role is a fully remote independent contractor position (1099 role) with flexible hours and unlimited income potential including high monthly commissions and monthly residual pay.‍Financial Coach (Client Success Coach)(Remote - Independent Contractor)We are looking for influential and approachable financial coaches to support our clients and help them succeed with our system.

And I also think that the inventory in your market plays a large role in deciding what property type makes the most sense.In my market, there is a large abundance of the small multi-family properties, especially the 2-4 unit properties.

I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit.

I'm sure they also spend significantly more time on their role, than you do in yours....or at least their time spent is more constrained where yours can be remote/on the road. 

Conversely, if new houses are being built frequently, older properties may struggle to maintain their value.Property taxes also play a significant role.

Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.