Again, we make plenty of mistakes, but our goal is to always become better and create a positive impact and influence in their lives.

Newbies always want someone to cover their mistakes when things don't go as planned.What have you done to solve YOUR problem?

If I had tried to scale my business before I understood what was required in hiring marketing expertise I would have made the same mistake as my friend of hiring a “generic” on line marketer and probably ended in failure. 

@Chris Kay to learn to properly DIY manage you have two basic options:1) Trial & fire on your own, hopefully not making a major mistake that costs you tens of thousands of dollars.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)

With your experience, having sufficient capital to cushion any mistakes is important.

One or two little mistakes in your underwriting, a miss on the walkthrough, and you will blow right through your profit and come out in negative. 

It would be hard to mistake for a light switch. 

Like BP.Just responded to a guy who bought a section 8 remote and is finding out the hard way that this was a mistake.

This is also a good reason to start smaller… you get some experience under your belt with less risk of making a big mistake. 

If you don't know what you are doing there is a greater than 50% chance you are making a big mistake.