There lifestyle, interests, and hobbies have become an even greater factor as I have gone further.One thing that I usually look past is medical debt but if it is a lower debt and they just appeared to ignore it that is not a good sign either.

Sit back, make REI self-education a hobby, on the side, for free or the cost of a few books, and when you are well-capitalized, speak the language of REI fluently, and have a clear and compelling thesis for the type of deal that will meet your goals, set yourself up to act with a combination of boldness and conservatism that feels right for you.

I was 50 years old before I stumbled on RE as a hobby. 

Now I'm "retired" and more or less a "hobby" landlord. 

As Jeff Foxworthy said: “Invest in mutual funds, hellll no, buy commemorative plates”Thanks for the video, the video and all these stories (along with my own) are a wake up call for all of us to monitor our properties closer – run it as a business not a hobby.

Our mission statement: "We make it possible for you to invest more - in your life, in your children, in your hobbies - by taking property management off your plate.

@Nick L.Your reasoning is always part of prime importance to professional investors but over the heads of hobby investors.

-Don't be afraid of failure-Buy real estate-Multiple streams of income is ideal-Hobbies can become very good businesses-Never settle

But it has worked out very well for us - my lucrative hobby.  

Its not for a casual hobby unless they have money to lose!