Been a Special Education teacher for 25 years- trying to retire and have studied real estate investing... realize I cannot do my own flips after buying my forever home after the hurricane... but that is a different story!

I know that I’m not going to change your mind, but I’m a garbage man and my wife is a school teacher and I’m only 26 and right now we have around a $530,000 net worth.

I am a Jesus following homeschool mom of four, married to a teacher.

And I can tell you from years of personal experience......bad experiences are the best and quickest teacher :-) 

Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

True , GC is like a teacher to subcon , but after years of experience , it is the GC that’s hands on , practical and having leverage.my GC guy would kill me if I hired his subcon and giving him 40 dollar per hour , for example , lol.GC and subcon is like manager and employee in tech company lol ….

The worst part is that the PE guys probably lost all the LP capital (if they are big enough this is pensioners and teachers funds) but generated big fees from acquisition and management.All we can do is wait for them to be exposed and make the headlines about them ourselves, before the media does.

Quote from @Stuart Udis:The point I am making is the decision the GP makes is circumstantial and very specific to the fact pattern of their particular deal and to tie back to my first post in this thread, who that decision maker really is is important. there's also one large fund that makes money when interest rate increases as they purchased a swap before rate hike lol so there's that, one out of ten folks are doing the right thing. most of these newbie GP, they just follow their teacher, so their teacher is telling them to switch from debt to floating when rate is near zero, there's article on realdeal that mentioning that. bad teacher i guess lol 

Don't be too hard on yourself if and when you make mistakes, which you will do.Failure and mistakes are our best teachers as long as we learn from them.

Personally I always want my mentors or teachers to have a proven track-record in executing the exact strategy I am looking to learn, and I don’t discount that experience just because they are teaching (David Greene from BP is a great example).