We view everytime a borrower pays off on time as a win.

In my view, you could have better luck in areas in the southeast, like Birmingham, AL or Chattanooga, TN.

This rule is good for the 30,000 foot view of running numbers on deals so you do not get bogged out with running those numbers on every single deal for example..

It desn't take a lot for someone who knows a little to view someone who knows slightly more as an "authority".7.

I find this discussion very informative, and have to say I appreciate how civil and respectful it has been despite opposing views.

You need to be able to view any of those types of opportunities through two lenses... one is the eager learner that says, "Hey, they are talking my language, I can do this, I'm going to be rich, he has the plan and its so easy!!!"...

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

but if you have a view on active vs. passive income.my goal is to have income from multiple sources, ideally part time work that i enjoy is a component. 

I don't think that photos would help us with anything much, other than a 30,000 foot view. 

I'm a REI newbie, but just from a personal finance point of view $500k income + "Wouldn't mind becoming a millionaire from this as well...." is a red flag.