While I live in California, I am actively searching for my first deal in Chicago since it's my former stomping grounds and I know the market well enough to appreciate the multitude of opportunities that exist in the area.

Other valuable (non-homestead) assets, much more likely.Insurance covers a multitude of sins. 

So, the authors (Ghost Writers) start with maybe a different slant for knowledge already in every book for the first one or two chapters and then you can see the authors (Ghost Writers) change from some half-*** information to a multitude of subjects where you are absolutely positive that the author (Ghost Writers) cannot be experts in that many crappy areas of real estate.So...this thread is not about books, but the exact same crap applies to courses you pay for.

Most caps you'll see in SD range between 3 - 4.5% depending on a multitude of factors, location being a big one. 

You will learn multitudes more by active experience (whether this be UW, broker relationships, capital raising, etc) vs. listening to podcasts and reading books.

I’m in a constant battle with staying in state or going out of state, due to a multitude of variables (e.g. minimal experience, missing pieces to the core four, etc).

This "experiment" has been attempted in multitudes or manners, ages, forms, functions and in every case, ended identically, with mass poverty, pain & suffering of the common person, and rampant corruption.

There are also a multitude of small minor expenses like licenses, inspections, misc fines.

In my area you have to have a hot tub and multitude arcade cabinet to just be average.  

There are a multitude of ways to make money in the RE world, I would focus on picking one based on your skillset!