There are so many items that you'll find early, easily fix & extend useful life, by just devoting one weekend to several units, instead of letting them becoming major problems with major expense, which is usually when tenant and management notice.

Very few things can be guaranteed in life but once you have title they have to give you an estoppel period.  

However, as a young adult it is great life experience, so if he can go for cheap, why not? 

I like the mindset he coaches...just enough to be financially free to do what you want to do in life. 

I have dedicated my entire life to being a GC.

The BIG issue is the EX-Wife who wishes to maintain a life style she clearly cannot afford and wants to STAY in the home with the Children BUT cannot AFFORD to make the payments on such DEBT that would allow for that (thus her need for $300K +/- in extra proceeds that would in essence be used to make those payments for the 3 years)Sadly yes there are consequences when families break up, separation's and marital divorce happens.

I'm a computer nerd and spent much of my life doing heads-down work with as few interruptions as possible.

I think both are great - I prefer to lend out of my Self-Directed IRA first, then I use the cash value of my life insurance. 

1.Subscribe to the BiggerPockets Money and Rookie Podcasts2.Attend the FREE WEBINARS3.Attend a Meetup in Your Area / virtual meet ups4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy5.Peruse the forums!

Hi John, I've been in the tech space most of my working life working at Microsoft, Zillow, Docusign and others.