But then again, I defer back to my foundational theory... what's your risk tolerance?

It’s awesome that you’re diving into real estate and taking the time to build a solid foundation first.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors. 

You have no foundation at all, but he wants you to pay and sign up?

“This needs a new roof, the plumbing is outdated, and look at these cracks in the foundation!”

What We Will and Will Not Lend On: Bad foundations, mold, asbestos, substandard, and/or fire damage?

With the right strategy, it can become the foundation for building wealth.

It’s inspiring that you’re both already running your own businesses—it sounds like you have a great foundation to build on!