Quote from @Arron Paulino: Let me ask a different question: if you made mistakes with your current properties, what are you going to do differently that would make a different property perform any better?

You have borrowed too much money from tenants with promise of waiving a few months of rent, which I think was the biggest mistake you have made.You have broken so much trust between landlord and tenants relationship, but it was a great lesson for me.

My mistake on a rough example.

I thought they had mistaking gave me.my first test results, but wasn't the case.   2 failures signed up again to take.3.rd.te S soon as I was allowed. 

As a side note, were not "pro's" by any means and this is our first one.. so you'll see the mistakes or success as we make it.

Turns out the Holton Wise company made a mistake with my situation.

Starting out with very little and very late in life, but starting none the less.Looking forward to learning as much as I can with as few mistakes as possible, although not afraid to make a few as long as the education is not to costly. 

Neither is capital gain, it's ordinary income.Your mistake is thinking that capital gain means the same thing as profit/income.

You can pick up a lot of great, useful knowledge to help you start as well as learn from other people's mistakes. 

There will be a few headaches and learning experiences, but most won't bankrupt you.Class C has more headaches and higher chances of making huge mistakes.