My time is valuable and my hustle is real, but I am not greedy, and I have worked for every $1 I have ever acquired, which helps me understand the value and importance of finding the best deal.

For instance, you might like the idea of buy and hold but if your personality type is akin to a trader's mentality, it will be hard following on your plans.

In a nutshell, if you are making a trade or business out of buying and selling real estate at a profit, and doing so to such an extent that it’s clear that you are a trader rather than an investor, then you will fall under the dealer rules.The IRS has similar provisions that apply to auto dealers and professional, active stock traders, as well, and for similar reasons: Capital gains tax rates were not designed to apply to retailers – even if you are a retail seller of something very large.

Do not get greedy either.

I am working a this greedy realtor, we went to see this property which I intended to buy for rental income.

People rather be greedy and unethical to get an easy buck than to be honest and work for it.

That's part of the reason we're seeing all of this new development, and why businesses like Trader Joe's are now opening in the area.The 1 Million MSA population's effect on Grand Rapids shouldn't be underestimated.  

Not greedy, or looking to wipe people dry, cuts no corners but he gets phenomenal deals on materials.Just paying it forward cause he’s done so much for me.

That means don't get greedy at first, graduate payments to performance and as you build equity then reward yourself. 6.

They shouldn't be so greedy in the first and maybe do an inspection before binding (which I'm sure that company exists, just not near where I live).