Whoever is teaching this should have their license revoked... up there with some of the worst counselling I've ever heard.

I would highly recommend joining some of the many meetups and networking events in Austin for real estate investors, very valuable exchanges of ideas in person as well

I give you one example :a) what he has been teaching in multifamilyu.com is outright dangerous for newbie investor.

If it's not and you've profitably developed land like this before, then by all means DIY.Yes, the MM will make some type of money on the deal, but I wouldn't be surprised if the 5-6 developers only work with MM as they're not interested in teaching a landowner how to develop land. 

@Zev Jankovic made a good point that "scarcity doesn't necessarily mean it's valuable".

Budget $15-$20k for a rewire.To take it a step further, if you build a relationship with your subcontractors they may even teach you how they estimate so you can repeatedly build a robust estimate completely on your own.Excluded from the above is foundation issues & outages in the framing (often caused by foundation issues).

His teachings suggest a paid off home, $500k in assets, and more than 1 source of income (SS if of that age, real estate, part time job, retirement/pension, etc.).

I have since become a revenue manager and either do it for people or teach them how to use it.

:) Thanks for the valuable insight!

I will say however, that there may be an indirect benefit to not APPEARING to hold many valuable assets.