Learn a valuable skill set that will allow you to make more money, therefore have more financial flexibility.

well that depends on you and your knowledge and your skill/luck etc and no one else. with stocks and with RE, sometimes you get the turn-around projects too, which can suck up your money and be losers or end up as huge winners, when the community recognizes the value add or the company turns it around.

As for strategies, do you have any other skill set that you can bring to an experienced operator?

.• Entrepreneurial thinking and problem-solving skills.• The confidence to believe they can achieve financial independence.It’s amazing how small moments like these can inspire the next generation to think bigger and dream bolder.How are you involving your family in your real estate journey?

I appreciate your marketing skills at trying to shut down naysayers with half truths and I also appreciate you airing my private financial information on a public forum thankfully it is only partially correct.  

If the owner redeems the 2nd month after you bought the OTC, you only get the 3% (1.5% x 2 months).Exercise those due diligence skills!

Then focus on improving your interviewing skills to help you build a solid team on the ground wherever you do choose to invest.

Then, obtain quotes from at least three actual contractors. ( insurance and all that depending on the work)You'll likely encounter three types of contractors:The Super Expensive Guy: Highly skilled but often in high demand, resulting in premium pricing.The Average Guy: Offers good quality work at a reasonable price.

The skill comes in sourcing deals that arent only on the MLS.

This has probably been the one thing that has helped me scale my portfolio so much and so quickly within the past 6 years.So the things that I would bring to the table that a new investor wouldn’t have access to (at least at the beginning until they build their own systems and networks) would be my knowledge and streamlining of getting financing, having deal flow, using vetted and skilled subcontractors, discounted prices on materials, systems in place to find tenant buyers, and streamlined refinancing and management in placeIt is similar to turnkey, only you don’t have to put 25% down and you walk into equity and the exit is already planed and the tenant buyer gets connected with a lender upfront to help them get ready to exercise in the option within 3 years.So that is what makes this different than other models.