In the early days all anyone ever talked about was that Bitcoin was going to replace fiat currency.  

For some reason real estate is viewed as an income supplement and eventually income replacement by most who become interested in investing.

If you are doing direct replacement, like replacing a sink, shower, and the stacks and pipes are staying, you probably do not.

After they left she called me, they used heat to kill the bedbugs and in doing so they literally melted all of the mini-blinds and the LVP buckled so bad that it all had to be replaced.

The culture component is ESSENTIAL!

Years ago when I started buying rentals I had some "interesting" experiences with cash tenants and I decided that in (Tenant Friendly Bay Area of) California when I had a cash tenant move out, I would only replace them with a Section 8 tenant.

The no cash component will be your biggest hurdle. 

1. coaching- all of the "coaches" were newbies themselves with about 1 year of experience and about 1 deal under their belts and they always disappear after 2-3 months and get replaced with new "coaches".2. networking- they have a FB group, populated primarily by other newbies. go there to answer questions, and it's likely you'll get other newbies saying "good question". there are lots of newbies hoping to get into a deal, but who wants to put together a team where every single person is brand new with no experience?

He was replaced by David Greene, who I felt was a better teacher.

Or, acquiring in satellite markets at sub replacement cost values.