They raise X amount of dollars and then hit a wall, because they are not prepared.

My mother alway said you can’t teach stupid, but what the heck, I’ll give it one more tryI’ll use an example with dollars, to make it easier to follow.  

I know in business that every dollar counts but is it worth it to burn a relationship? 

Logically we keep telling ourselves, we have the experience to easily make the transition but mentally there's a big difference when dealing with 100's of thousands of dollars on a single fam / duplex and millions of dollars on a 20+ unit property.

He has millions of dollars invested in his property and must be extremely careful that he doesnt't rent it to a person who is a crazy failure.

After all, spending a few hundred dollars now is far better than risking hundreds of thousands later.Yup. 

I built family dollars for years using metal buildings and when you have the right erection crews those things fly up. 

How many 70+ year old landlords are going to be smacked with a multi million dollar fine for not filing for the last 2 years??

https://www.har.com/content/department/mlsHouston Real Estate Highlights in November, 2024:-Single-family home sales increased 6.0 percent year-over-year;-Days on Market (DOM) for single-family homes went from 48 to 52 days;-Total property sales were up 3.3 percent with 7,750 units sold;-Total dollar volume rose 11.1 percent to $3.1 billion;-The single-family median price was up 1.5 percent to $329,900;-The single-family average price climbed 4.1 percent to $418,903; -Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last November.

I've also talked to a couple of experienced investors on the phone and I will be forever grateful to their advice and for helping me out without charging me thousands of dollars for a coaching program.