Do not think you can just start an investment company with 15k (that is reserves only on one property).Work for the next couple of years while you all learn and use your skills to help build the foundation of a future company and leverage your relationship with the alumni to see some of his properties and learn.

I think, the first, is understanding your goals, resources, and skill set.

As a rookie I’m learning right now and saving but eventually I’d like to take action like Dave Meyer’s Start with Strategy, the three resources needed to start is Capital, Time , and Skill.

Whenever my kids show an interest in something productive, I try to use that opportunity to teach them a skill that they can take with them.

My advice to anyone with a job, is keep your job, but learn the skills of real estate investing.

As a self-managing landlord, I used to believe that almost everyone could learn the skill stack necessary to become a competent property manager.

They use an economic vacancy figure instead of breaking out loss to lease, bad debt, and concessions so as to conceal their assumptions but a skilled operators can reverse calc it.

From the public website,The BetterLife Tribe program offers everything you need to achieve real estate success:Monthly Calls with Brandon Turner and top real estate experts, providing you with insider knowledge and strategies.1-on-1 Personalized Coaching to tailor a growth plan specific to your goals and challenges.Access to the reiOS System of Success, the exact operating system Brandon used to scale Open Door Capital to over $1B in assets.World-Class Real Estate Education and Tools that equip you with the skills to dominate any market.A Thriving Network of 1,000+ Active Investors ready to support, inspire, and challenge you on your journey.Seems like a great program like many do in the marketing materials

Because there is so many novices who jump into STR without the skill, knowledge, ability to actually operate it and rapidly are bleeding-out.

Quote from @Jared W Smith: In commenting on your 2nd point, an Architect familiar with development vs an Architect that does other types of work each have different skill sets @Robert Frazier.