Quote from @Carlos Ptriawan: totally agree, key point is don't lose money by not having complete understanding of future risk.we're in the great collapse of CRE market and LP is destroyed because the passive investor is the dumb money, time is important but not to lose money is incredibly even more important , the total collapse in many commercial real estate sector is way beyond 2008 as it seems.Carlos, where are you seeing that "we're in the great collapse of the CRE market" ?

Having said that, another BiggerPockets member has discovered some new information that I find to be incredibly important information.

Eventually, with time and experience, your knowledge and confidence begin to align more realistically.This concept is incredibly relevant to real estate investing.I encounter this often: an investor seeks advice but quickly tells me how much they already know.

Often, these numbers sound incredibly high relative to the loan amount.

That is one of the most incredible benefits of being in the service. 

The reality is they have created a new job - yes they may make more and retire early, and I'm sure it's better than their old W2 - but I'd be 100% sure they are incredibly busy most of the time. 

@Kim A. would say that a great thing any flipper can do is develop their own off-market seller marketing techniques.

The 1% rule incredibly flawed, even as a short form underwriting technique.

Our local market in Columbus has been pretty incredible with price points lower than markets like Austin or Nashville, with a better economic outlook than similar large cities of over 900k people. 

Then come to find out his wife's father is incredibly rich (how dare we think any money came from the wife's family).