I'm not sure I have the fortitude for wholesaling :) but love that others do.

Nobody really knows if it works the way it was laid out in theory by a noble-prize-winning economic, as unfortunately, politicians just don't seem to be smart enough (or have enough fortitude) to do what it takes to find out.Romney doesn't seem to grasp the additional complexity of supply-side economics, and not only will the economy not be positively impacted, cutting taxes will additionally serve to lower revenue.

If you have the fortitude to stick with it they will eventually cave because they are tried of getting calls from you

There's the $1.35 per scoop Chinese that my son really likes, but which guarantees gastro-intestinal distress for me.  

You have to have the fortitude to move on when it's taking a bad turn.

How many people have the fortitude to hold their stock that long? 

@Matthew Terry Sounds like a good plan, I would just caution that even if deals look good in far away places, make sure you have enough local knowledge, a good team in the area, and fortitude enough to make it work.

Some would still say no for various reasons, but I'd argue that $50,000 buys you a lot of months of negative $200/mo cash flow (20 years) and still be up on total return; and in that time, if history is any indicator, rents will rise more than enough to tip your cash flow to the positive side significantly ... and if not, you have the option to sell at a profit ... yes the market could drop but you have some cushion and if you're smart and conservative you'll also have the financial fortitude to hold through a downturn if you need or chose to.

Investor DNA is the mental fortitude required to trust your instincts in the face of opposition.INVESTOR DNACore Competency – What are you knowledgeable about?

Prove you have the ability to actually close, the ability to do it quickly, and the fortitude to actually do it.