Also for new purchases for larger apartment buildings, older people are dominant.  

.: Learn financial literacy and personal finance principles (one great book is I Will Teach You to Be Rich), educate and invest in yourself (BP has tons of great books to read, I also recommend listening to all of the Real Estate Rookie podcasts for the past year, if you have other career aspirations w/ real estate on the side, be sure to do well in school, apply to community college, and do your gen eds, or go to trade school, whatever the case may be), get a job and income (you might look into something real estate / construction related to network), open a secured credit card when you hit 18 to start building personal credit, go to local meetups / networking events for real estate, learn to analyze markets and deals, learn about creative financing and partnerships, and then, strike!

We were growing and self financing at the time, so we needed to keep cash around to finance any future projects.This property along with the one we were building and the one we were buying in Deal A above, would make us the dominant player in the town.We were willing to pay $190k, but no more.