Do people have experience doing so and have they been successful?

I’m almost 21 and still in school but I’m interested in real estate because I’ve heard of what it’s been able to do for people.

What other people get is immaterial to your decision.

People who get evicted could care less about a judgement or the collection process. 

Be sure to pay attention to anticipated ARV and max LTV on the refinance, as well as seasoning requirements - this is where I usually see people run into problems.

One thing I always remind people is it does not matter what is on a powerpoint presentation, the deal is dictated by whats in the PPM, operating agreement and subscription agreement. 

Some people seem to get locked in to one place they find, or a place a friend or family member is selling without really evaluating the available market.In a small town in East Texas I would think your biggest risk is a big player coming to town that can absolutely crush a smaller player. 

We’ve seen this issue cause otherwise wonderful new builds to sit on the market because it just doesn’t work with peoples furniture. 

. - That's how people feel heard and important.2.

Most people that scale also choose one strategy to start with and scale in.