You are doing all the right things -- immersing yourself into this world with reading, podcasts, and social media -- and BP! 

Would that be investing or more like gambling? 

SBA won't loan on the gambling income, or anything passive- your bottom needs to be in the gas station chair.SBA loan now takes LONG processing time unless you go direct.

Also claimed all the broken furniture was provided and not theirs so I got to take it all out.Occupied is a roll of the dice, a gamble you can not control.

Im in the Stockton area and would love to immerse myself around like minided people and pick theyre brains.

There so many answers here I'll just drop this thought you can think about.....It all depends on how hard you want to gamble when that large insurance claim finally does happen.Lastly, you want Waivo for small damage claims not your homeowner's insurance.

@Kiersten Vogt there is 0 chance I would gamble with what around here is a $35-40k issue.

I don't gamble in the stock market.Isn't part of it, that you can create generational wealth by investing outside of a 401(k) into real estate and pass those houses down tax free to the next generation using the stepped up basis?

Hi All,I'm relatively new to the real estate scene and have spent the last year immersing myself in podcasts and books on real estate investing.

TWO EXIT STRATEGIES… proven strategies… or you’re not a professional investor… you’re just gambling with your family’s money.Almost ALL of the “ deals” I have been pitched in my region of Florida are built to assure that the wholesale gets rich… period.