Even if you're not making much profit at the start because you're investing in a better area, it should work out fine.If you're losing $100-200 per month but have a stable job, you should be okay.Most people get rich with real estate through property value appreciation rather than cashflow.If you're comfortable living with roommates, you can purchase a house in a good area you like and rent out spare rooms.

Lofty is facilitating all communications operations/voting. most of these properties have been burning cash and additional loans are being taken to repair the properties and even pay property tax bills

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

A wise investor will not try to get rich quick with shortcuts.

Do you want to be rich or successful? 

Like you said, one needs to be able to find deals, know that they have found a deal, have the skills to develop leads and lead sources, be able to negotiate the deal when found, communicate well with others.Often deals start out as opportunities. 

It is advisable to communicate with your lenders to discuss potential options and avoid foreclosure.

That is overly simplistic explanation straight out of rich dad poor dad book.

Very limited information is being communicated by sponsors, particularly those that used high leverage variable rate loans to acquire in 2021-2022, so LPs are commonly feeling left in the dark.

We've come to a mutual understanding, and decided it was best for both parties to move forward.i appreciate both of their efforts to communicate with me directly to find closure.