Also, new builds are not currently in our strategy (delayed profit realization). 

You'll realize it'll need to be closer to $600k(20%  markup).If so, I suggest a long term plan.

Since then, he realized that there may be higher risk in such deals due to tenants' unemployment, inability to pay rent, and eviction restrictions.

Sometimes, a deal looks great on paper for a flip, but as you dig deeper, you realize the numbers might not line up as expected.

Most people who end up replacing their W2 income with rental property income realize they are working way more hours at their "new job".

Realize you have probably just made a lot of money in the stock market.Rental properties.  

One suggested paying a GC a couple hundred for an estimate which sounds good until you realize you might do this 10-15 times before you buy a deal then you are spending thousands on estimates!

@Jason Bohling Thanks for that.I'm not sure if I put in in this thread (and its too long to search), but do people realize that even their commercial loans like the 30yr term and amortization loans, and similar, have a secondary market? 

I think many of the homes you see for sale are just investors that are trying to realize the equity growth in their properties.

I was agreeing about your comment as to having a mentor, then I realized I didn't have a mentor when I started.Brandon, there were books, I skimmed the "Paper Game" don't recall the author but it was conceptual and a little too fluffy for me, I didn't really start by using anything in that book, if I did, it was by accident.