That said if Lisa can drive for dollars for free and and find some deals to bring to the market and make some money, well good luck to her.Thank you, I can see Lisa is rather new, my observation without much detail from her.

Najeriq, from speaking with other investors in the Columbia REIA who are active investors one of which is probably one of the top wholesalers I know, I think the observation you've made is true.

,your questions and observations show that you've learned a lot in a short period of time. you needed a lower purchase price and a cheaper quote for the rehab to make the numbers more attractive to your financing source. be on the look out for the next deal and be happy that you didnt lose any money in this one!

As we used to say in physics class its intuitively obvious to the most casual observer this is exactly what's happening.

As I look back on it One observation I have is the quality people involved.

It also seems that many of the newer residential properties built past 2-3 years enjoyed a minimum10%+ annual price appreciation over the past 1.5 year.. can't complain but the days of trying to "pick the bottom" in both asking price and mortgage rate is long gone.Any other thoughts/observation?

Only you can make all the necessary observations to ferret those out.

I kind of feel like there are five levels for a real estate investor: observer, accidental / inherit, dabbler, serious, transformational.

It was an eye opener to observe classmates at least 6 to even more years younger than me who were more responsible and mature than I was in many ways.

Second observation is after running quick numbers, it seems like a low ROI.