How much money can you spend on alcohol, clubbing, and coffee??

Investors who've been buying since the 80's (treasury rates >14%.5 top tick) or new blood that started buying post GFC (2009-2012) think they can't lose - since their investment has (essentially) been buoyed by asset inflation tied to declines in treasury yields --> interest rates --> cap rates --> increasing govt intervention/QE/debt monetization.One of the key implicit assumptions of the bulletproof BRRR model (which so many people here swear by) - is that interest rates will always and forever continue to decline.

And alcohol can be a touchy subject for some.

How much money can you spend on alcohol, clubbing, and coffee??

It's probably just the alcohol talking.Hope that helps. 

IT is in my blood.

. $10k now days is nearly same as $0.00, so for any and all asking "can I start doing REI with _____" correct that question to ask the reality "am I willing to do what it takes of me TO start doing REI, all the blood sweat tears and frustration?"

The truth what I gather so far is that the rule cannot be fully applicable all over America;  just look for the decent communities who life blood businesses went to China, and you would find people who are trying to bring back communities.

I had to pay it in money, blood, sweat, tears, overcoming fears, frustration, hard work, and tenacity. 

It´s a small amount and going back and forth with a tenant on something like that, insinuating they have to pay because they are too dumb to figure stuff out could create bad blood over nothing.