@Avery CarlWarren Buffet and Lucas Carl.

I am just in the massive education and knowledge stage so I can hit the ground running day one.

Warren Buffet can afford to make a few speculative purchases because he can withstand big losses; losing a few million dollars is nothing to him...but a typical person doesn't have the net worth to withstand a loss on a speculative purchase.Good luck out there!

Now that the market has cooled off a bit, people are taking a step back to reevaluate, and this massive lull is a great opportunity for people who know what they are doing, know their markets, and know how to make the cash to genuinely swoop in, and capture so many dollars that are being passed up on by so many investors.

Many inexperienced OOS investors get lured into buying properties in D class areas because the cashflow looks great on paper, and then they get seriously burned when they discover that no PM will put in the significant effort it takes to correctly manage a property in a D area for such little return...then, they're stuck with a property nobody will manage correctly, that is a massive headache & liability, that nobody wants to rent, and that nobody wants to buy... don't fall into that trap!

In my opinion.. the best thing any hungry, dedicated and consistent young person can do is get into sales because you can take that risk of trading your time for money without worrying about massive overhead or feeding a family.

So, I'm trying to get that house upgrade the wife wants, while not just taking it on as massive liability. 

@Jason WarnerThe appraisal sounds like it is massively under value and might be a case of an incompetent appraiser.

Amazon has a billion options that you can curate and save massive dollars on. 

I've had nightmare tenants, evictions and massive repair bills.