Knowledge is key 

Best of luck with selecting your market—there's a wealth of knowledge and supportive investors here to help guide you along the way.

I am looking at a 5 unit building that I want to do a condo conversion on. 4 units would be vacant 1 has a rent controlled tenant in there who does not want to move. I would owner occupy it so I don't know if I have a...

I have seen some of Walter’s presentations and he is very knowledgeable.

If anyone who is knowledgeable, please chime in so I can relay such information to my friend so they can have proper step to follow.

Local market knowledge is absolutely critical, and it helps to work with someone who really understands the landscape and its nuances.As others have mentioned, it’s a broad question that’s tough to answer succinctly, but I hope this provides some clarity!

They somehow think that for $197, or $1970, or $19700, they’ve somehow acquired some methodology, strategy, knowledge or “the secret sauce” that will ensure their investing or business success, and that the experienced, knowledgeable, and successful real estate investors who point out the obvious faults “just don’t get it”.  

You did things outside of the normal without proper knowledge.

LOL Happy to share any knowledge about that niche, since as you can see, I am kind of the go to for KY and that is all I do.

We should meet up sometime and knowledge share.