List price, appraisals, projections and pro forma's are all educated guesses. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

The watering hole.I don't care who you are, your butt will be at the watering hole at some point today.

That means their tithes were in many ways similar to our tax system of today i.e. those moneys/products served to allow for the ongoing operation of the government and the needy in society.

Maybe you just want to fix up places and do flips.I would consider reading this beginner's guide, it is a lot of information but will help you get a good over view of different niches, financing and education. 

(An exception is if you own 5% of the company you work for)Agree, this is a great summary post on REPS with core concepts on how to qualify. .I think the complexity comes in when people have edge cases - it becomes difficult to write a simple short post that educates everyone.

If the goal is providing a place for education and inspiration to real estate investors, wouldn't his story do both? 

There's a glut of sub2 education/information out there these days, so you certainly won't lack in that regard.Some of our members have done hundreds of them without issue, so just seek those people out at the meetings and talk to them.

They handle most of the day-to-day stuff like maintenance and tenant issues.