But as a new investor, sometimes this advice leads you to only have cheerleaders in your life.

So even though I lost a deal and commission I won loyalty and a client for life and became very valued as an agent and very successful by getting the money that was deserved and obviously, rightfully, morally and legally due to her.  

Since I am entering this field in the latter part of my life (63), I do not want 'long-term' investments as I am not interested in making millions, but having enough for the remainder of my life to 'Vive La Vida Loca'!

It depends where you are on your wealth and life ladder.

I saw Rod Khleif - Life Time Cash Flow Podcast is now offering Multifamily coachingOne on One  $14,900 one time and $1900 a month. 

Any lender licensee or realtor licensee cannot suggest to treat people differently and they can never do it in real life.

But IRS allows an IRA to be invested in anything except life insurance and collectibles.

No one understands (except the PM) why it cost $100 to send the maintenance guy to change $3 worth of batteries. 

Any tips, warnings, or real-life lessons are welcome! 

With current interest rates, and they are at least 1% higher with potentially additional points for non owner occupied property, it is hard to find properties that will allow for positive cash flow after paying the mortgage, if you are looking for money for the down payment from a private lender, those are normally at higher than market and I am not sure it would be possible to pay it off.... please remember you need to take into account that you may not have a tenant for a certain amount of time, a tenant may stop paying rent, or you will have a big ticket item to fix, so I would wait if I were you and save to have enough for the down payment and closing costs and perhaps some money set aside for repairs. you also want to make sure that you have your own emergency fund outside of the money needed for the investment property because life happens ....