My perceived risk at the time whether, right, wrong, or indifferent, the reward for me just wasn’t there.

Being nice to lazy investors, just rewards bad behavior and doesn't push them to be more resourceful - and hence more successful.It is a free country though, so best of luck with your approach:)

When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

Not true, investing out-of-state can be very rewarding especially if you invest in an affordable market like Memphis, TN with a trusted investor agent.

Originally posted by @Michelle Winberry:@J Scott Kim's analogy was about accessing an Experienced Mentor, if you get that free, awesome, if you don't have that luxury then an investor does what is appropriate, get one and pay for it....Just to clarify, in the business world, mentors are typically unpaid -- they are people you have a personal relationship with and who help you because they have a vested interest in your success, not in a monetary reward. 

The inspections alone cost me $1,300, but that upfront investment saved me tens of thousands of dollars and spared me countless headaches.In short, buying older homes requires more diligence and negotiation, but when done right, it can be incredibly rewarding.

Sounds like a lot of moving parts and hoops for the amount of tax savings, but that's just my risk/reward profile speaking.

So there are many more participants at the novice level who may not understand the risk/reward nature of this type of investment. 

So risk reward and they all closed in time so the builder did not have his bank foreclosing on them.

In many cases, it takes a few years to really start seeing any appreciable cash flow, but it is the relationships we make, the learning and overcoming challenges and obstacles every day that is the true rewards in this business.