This gets her in the habit of acting like an adult.2.

Establishing a robust financial base is vital, as it echoes your investment aspirations and capacity for risk.

When choosing a city or neighborhood for investment, it’s crucial to consider:Economic drivers: Look for areas with diverse and growing job markets.Population growth: Areas with increasing population tend to have higher demand for housing.Rental yields: Compare the average rent to property prices to gauge potential cash flow.Future developments: Infrastructure projects and new developments can boost property values.Additionally, it's vital to get local insights.

I consider leadership experience to be vital to the success of a Multifamily Syndication Team as well.

This has helped me to realize that where one's investment is in the capital stack is vitally important.

That being said, when I was younger I found one bad habit created by updating and checking my PFS (net worth statement) when I wasn't required by lenders to keep it.It can be de-motivating at times. 

I built a Google Forms and Sheets to track my expenditure and eventually used it balance my spending habits.

Some options are paying in cash and pulling the cash out once the property can have an appraisal that will be marked "as is" (so no work needs to be done to the property to make it habitable). 

The lender selection is vital to a successful 203k and they area also required to select the 203k Consultant.

It's investment but it's not habitable as a residential at that point.